UAL Stock Summary and Trading Ideas (United Airlines Holdings | NASDAQ:UAL)

United Airlines is a major us network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large us peers.

United Airlines Holdings trades on the NASDAQ stock market under the symbol UAL.

As of November 26, 2024, UAL stock price declined to $96.51 with 5,132,808 million shares trading.

UAL has a beta of 0.25, meaning it tends to be less sensitive to market movements. UAL has a correlation of 0.00 to the broad based SPY ETF.

UAL has a market cap of $31.73 billion. This is considered a Large Cap stock.

Last quarter United Airlines Holdings reported $15 billion in Revenue and $3.33 earnings per share. This beat revenue expectation by $63 million and exceeded earnings estimates by $.20.

In the last 3 years, UAL traded as high as $101.60 and as low as $30.54.

The top ETF exchange traded funds that UAL belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

UAL has outperformed the market in the last year with a price return of +143.0% while the SPY ETF gained +33.5%. UAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +122.8% and +7.9%, respectively, while the SPY returned +7.2% and +0.3%, respectively.

UAL support price is $94.05 and resistance is $99.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UAL shares will trade within this expected range on the day.