United Airlines (UAL, Financial) experienced a significant stock movement with a rapid increase of 5.01%. The stock is currently trading at $80.79 per share, with a trading volume of 6.146 million shares and a turnover rate of 1.87%. The price fluctuation is recorded at 5.34%.
Recent financial reports reveal that United Airlines achieved a revenue of $14.843 billion and a net profit of $965 million, with an earnings per share (EPS) of $2.93. The company's gross profit stands at $2.134 billion, and it has a price-to-earnings (P/E) ratio of 9.62.
Regarding institutional ratings, 87% of the 23 participating institutions recommend buying the stock, while 9% suggest holding, and 4% recommend selling.
In the broader airline industry, which showed no overall growth, United Airlines, Surf Air Mobility Inc., and Fidelity Tourism recorded notable increases. JetBlue Airways, Spirit Airlines, and American Airlines showed active trading, with turnover rates of 7.04%, 5.00%, and 2.35%, respectively. Stocks with significant price fluctuations include Flyexclusive, Inc., JetBlue Airways, and Sun Country Airlines Holdings, Inc., with amplitude percentages of 16.95%, 7.17%, and 6.47%.
United Airlines is a major U.S. network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington D.C. The airline focuses on international and long-haul travel more than its domestic competitors.
