United Airlines (UAL) stock falls 1.45%, outperforms sector, analysts expect positive upcoming earnings report

From Nasdaq: 2024-12-30 18:15:22

United Airlines (UAL) closed at $98.21, down 1.45% from the previous day, underperforming the S&P 500, Dow, and Nasdaq. The stock has risen by 2.91% in the past month, despite the Transportation sector’s 6.6% loss. Analysts expect an EPS of $2.97 and revenue of $14.4 billion in the upcoming earnings report.

Investors are urged to monitor recent analyst estimate changes for United Airlines, as these revisions can impact stock performance. The Zacks Rank system, currently rating UAL as a Buy (#2), looks at estimate changes to predict stock price movements. United Airlines is trading at a Forward P/E ratio of 9.7, indicating a discount compared to the industry average.

The Transportation – Airline industry, where United Airlines operates, has a Zacks Industry Rank of 26, placing it in the top 11% of all industries. The industry’s average PEG ratio is 0.99, with UAL’s PEG ratio at 1.08. Investors can track key metrics on Zacks.com to stay informed about stock movements and industry trends.

Zacks is naming the Top 10 Stocks for 2025 soon, with a history of outperforming the S&P 500 by more than four times. Director of Research Sheraz Mian will handpick these stocks from 4,400 companies. Don’t miss the chance to access these top picks released on January 2. Follow Zacks.com for more insights and recommendations.



Read more at Nasdaq: United Airlines (UAL) Registers a Bigger Fall Than the Market: Important Facts to Note