United Airlines logged a 0.1% change during today's morning session, and is now trading at a price of $99.36 per share.
United Airlines returned gains of 30.5% last year, with its stock price reaching a high of $116.0 and a low of $52.0. Over the same period, the stock outperformed the S&P 500 index by 13.9%. More recently, the company's 50-day average price was $101.68. United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America. Based in Chicago, IL, the Large-Cap Consumer Discretionary company has 111,900 full time employees. United Airlines has not offered a dividend during the last year.
The Firm Has a Declining EPS Growth Trend:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $43,259 | $15,355 | $24,634 | $44,955 | $53,717 | $57,063 |
| Operating Margins | 10% | -41% | -4% | 5% | 8% | 9% |
| Net Margins | 7% | -46% | -8% | 2% | 5% | 6% |
| Net Income (M) | $3,009 | -$7,069 | -$1,964 | $737 | $2,618 | $3,149 |
| Net Interest Expense (M) | $731 | $1,063 | $1,657 | $1,778 | $1,956 | $1,494 |
| Depreciation & Amort. (M) | $2,288 | $2,488 | $2,485 | $2,456 | $2,671 | $2,928 |
| Diluted Shares (M) | 260 | 279 | 322 | 330 | 332 | 333 |
| Earnings Per Share | $11.58 | -$25.3 | -$6.1 | $2.23 | $7.89 | $9.45 |
| EPS Growth | n/a | -318.48% | 75.89% | 136.56% | 253.81% | 19.77% |
| Avg. Price | $86.83 | $42.65 | $49.43 | $43.35 | $41.26 | $99.31 |
| P/E Ratio | 7.47 | -1.69 | -8.1 | 19.18 | 5.17 | 10.37 |
| Free Cash Flow (M) | $2,381 | -$5,860 | -$40 | $1,247 | -$260 | $3,830 |
| CAPEX (M) | $4,528 | $1,727 | $2,107 | $4,819 | $7,171 | $5,615 |
| EV / EBITDA | 5.3 | -6.73 | 21.07 | 7.95 | 5.65 | 6.54 |
| Total Debt (M) | $14,552 | $26,747 | $33,363 | $31,194 | $31,431 | $28,656 |
| Net Debt / EBITDA | 1.79 | -4.0 | 10.31 | 5.01 | 3.69 | 2.48 |
| Current Ratio | 0.55 | 1.16 | 1.19 | 1.0 | 0.83 | 0.81 |
United Airlines has growing revenues and increasing reinvestment in the business, generally positive cash flows, and healthy leverage levels. However, the firm suffers from declining EPS growth and not enough current assets to cover current liabilities because its current ratio is 0.81. Finally, we note that United Airlines has decent operating margins with a stable trend.
United Airlines Has Attractive Multiples and Trades Close Its Graham Number:
United Airlines has a trailing twelve month P/E ratio of 10.2, compared to an average of 20.93 for the Consumer Discretionary sector. Based on its EPS guidance of $12.09, the company has a forward P/E ratio of 8.4. The 0.6% compound average growth rate of United Airlines's historical and projected earnings per share yields a PEG ratio of 16.5. This suggests that these shares are overvalued. In contrast, the market is likely undervaluing United Airlines in terms of its equity because its P/B ratio is 2.25 while the sector average is 2.93. The company's shares are currently trading 10.5% below their Graham number.
United Airlines Has an Average Rating of Buy:
The 20 analysts following United Airlines have set target prices ranging from $62.0 to $156.0 per share, for an average of $123.2 with a buy rating. The company is trading -19.4% away from its average target price, indicating that there is an analyst consensus of some upside potential.
United Airlines has an average amount of shares sold short because 4.7% of the company's shares are sold short. Institutions own 88.4% of the company's shares, and the insider ownership rate stands at 0.56%, suggesting a small amount of insider investors. The largest shareholder is Vanguard Group Inc, whose 14% stake in the company is worth $3,709,110,511.
