UNITED AIRLINES HOLDINGS, INC.

(UAL)
  Report
Delayed Nasdaq  -  04:00 2022-06-28 pm EDT
36.97 USD   -0.62%
07:47aFutures rise as easing China COVID curbs lift travel, leisure stocks
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06/27More Than 1,900 Flights Within, Into or Out of US Delayed on Monday
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06/27Airlines cancel over 700 U.S. flights as labor crunch, bad weather weigh
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Dow Jones rises 431 points as markets stage rally after losing streaks

05/17/2022 | 05:32pm EDT

U.S. markets rallied Tuesday behind surging tech stocks as major indexes have been mired in weeks-long losing streaks.

The Dow Jones Industrial Average gained 431.17 points, while the S&P 500 rose 2.02% and the Nasdaq Composite closed the day up 2.76%.

The S&P 500 has been on a six-week losing streak, while the Dow has fallen for seven consecutive weeks as the S&P 500 is down 14.2% for the year and the Dow has fallen 10.1%.

Semiconductor stocks were on the rise with AMD stock gaining 8.73%, Micron Technology increasing 5.69%, Nvidia climbing 5.29% and Qualcomm rising 4.32%.

Travel stocks also contributed to Tuesday's gains as United Airlines rose 7.88%, American Airlines gained 7.67% and Delta climbed 6.68%.

Home Depot stock climbed 1.68% after posting better-than-expected quarterly results, while Walmart shares declined 11.38% after it missed on earnings.

Investors on Tuesday also reacted to a Commerce Department report showing that retail sales rose 0.9% in the month of April, despite rising inflation.

"The desire to spend is strong among U.S. consumers, Harris Financial Group managing partner Jamie Cox said, according to Yahoo Finance. "Americans have broken the shackles of COVID and aren't going back. Numbers like this call into question any forecasts of a 2022 recession in the United States."

In the face of rising inflation, Federal Reserve Chairman Jerome Powell said Tuesday that the central bank will continue to raise interest rates until prices begin to fall, even at the risk of "some pain" in the form of economic slowdown.

"Restoring price stability is an unconditional need -- it's something we have to do," Powell said during the Wall Street Journal's "Future of Everything" summit.

The economy doesn't work for workers, or for businesses, or for anybody without price stability," he added. "It's the bedrock of the economy and it's something we need to do if we want to have the labor market we all want to have."

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All news about UNITED AIRLINES HOLDINGS, INC.
07:47aFutures rise as easing China COVID curbs lift travel, leisure stocks
RE
06/27More Than 1,900 Flights Within, Into or Out of US Delayed on Monday
MT
06/27Airlines cancel over 700 U.S. flights as labor crunch, bad weather weigh
RE
06/27Evercore ISI Adjusts United Airlines' Price Target to $45 From $56, Maintains In-Line R..
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06/27BOEING 737 MAXS EXPERIENCED FLIGHT E : Abc
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06/24United Airlines Pilot Union Leaders Approve Tentative Deal for Increased Pay, Other Ben..
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06/24Pilots in line for big raises amid global travel disruptions
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06/24United Airlines Pilot Union Leaders Approve Tentative Two-Year Pay Agreement
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06/24United Airlines pilot union votes to approve two-year deal with airline
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06/24United Airlines contract to hike pilot pay over 14% in 18 months
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Analyst Recommendations on UNITED AIRLINES HOLDINGS, INC.
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Financials (USD)
Sales 2022 43 331 M - -
Net income 2022 -725 M - -
Net Debt 2022 22 730 M - -
P/E ratio 2022 -20,3x
Yield 2022 -
Capitalization 12 079 M 12 079 M -
EV / Sales 2022 0,80x
EV / Sales 2023 0,77x
Nbr of Employees 87 400
Free-Float 99,7%
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Technical analysis trends UNITED AIRLINES HOLDINGS, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 36,97 $
Average target price 59,31 $
Spread / Average Target 60,4%
EPS Revisions
Managers and Directors
J. Scott Kirby Chief Executive Officer & Director
Brett J. Hart President
Gerald Laderman Chief Financial Officer & Executive Vice President
Edward M. Philip Non-Executive Chairman
Linda P. Jojo Chief Digital Officer & Executive VP-Technology
Sector and Competitors