United Airlines Holdings Inc. (NASDAQ:UAL) shares fell to a low of $25.00 before closing at $24.94. Intraday shares traded counted 20.19 million, which was 41.62% higher than its 30-day average trading volume of 34.59M. UAL’s previous close was $25.84 while the outstanding shares total 248.50M. The firm has a beta of 1.57, a 12-month trailing P/E ratio of 7.01,. The stock’s Relative Strength Index (RSI) is 47.20, with weekly volatility at 8.52% and ATR at 2.39. The UAL stock’s 52-week price range has touched low of $17.80 and a $96.03 high. The stock traded lower over the last trading session, losing -3.48% on 05/21/20.
Investors have identified the Airlines company United Airlines Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $7.65 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
United Airlines Holdings Inc. (UAL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For UAL, the company has in raw cash 3.44 billion on their books with 4.74 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 7905000000 million total, with 16087000000 million as their total liabilities.
UAL were able to record -1.9 billion as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 680.0 million. In cash movements, the company had a total of 63.0 million as operating cash flow.
Potential earnings growth for United Airlines Holdings Inc. (UAL)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, United Airlines Holdings Inc. recorded a total of 7.98 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -20.18% coming in sequential stages and their sales for the third quarter reducing by -36.46%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.9 billion trying to sell their products during the last quarter, with the result yielding a gross income of 5.08 billion. This allows shareholders to hold on to 248.50M with the revenue now reading -6.86 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-3.25 cents a share).
Having a look at the company’s valuation, the company is expected to record 12.05 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UAL sounds very interesting.
Is the stock of UAL attractive?
In related news, Director, Corvi Carolyn sold 1,013 shares of the company’s stock in a transaction that recorded on Nov 27. The sale was performed at an average price of 93.06, for a total value of 94,270. As the sale deal closes, the Director, Corvi Carolyn now sold 1,016 shares of the company’s stock, valued at 93,299. Also, Director, Corvi Carolyn sold 1,024 shares of the company’s stock in a deal that was recorded on Sep 27. The shares were price at an average price of 88.85 per share, with a total market value of 90,982. Following this completion of acquisition, the Director, Corvi Carolyn now holds 1,032 shares of the company’s stock, valued at 89,134. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.