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 1, 2024, UAL stock price climbed to $80.46 with 6,005,981 million shares trading.

UAL has a beta of 0.48, meaning it tends to be less sensitive to market movements. UAL has a correlation of 0.02 to the broad based SPY ETF.

UAL has a market cap of $26.46 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 $81.35 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 +131.1% while the SPY ETF gained +36.8%. UAL has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +89.9% and +8.5%, respectively, while the SPY returned +5.5% and -2.3%, respectively.

UAL support price is $76.09 and resistance is $80.43 (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.