This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

8 Stocks to Consider Ahead of Earnings

Stocks in this article: EBAYLULUISRGMAPCLNUAUALVBAC

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

United Continental Holdings

Friday's Closing Price: $18.43

12-Month Median Price Target: $32

Implied Potential Return: 73.6%

Forward Annual Dividend Yield: N/A

Current Analyst Coverage Breakdown: Of the 16 analysts covering the shares, 15 have either strong buy (5) or buy (10) ratings vs. 1 hold.

Commentary: United Continental reports its fiscal fourth-quarter results on Jan. 23, and Wall Street is expecting a profit of 14 cents a share in the December-ended period on revenue of $8.93 billion.

The airline is the only stock on the list that's down in the past year, falling nearly 30%. Since hitting a 52-week low of $15.92 on Aug. 8 though, the shares have advanced close to 16% at current levels.

Sterne Agee reiterated a buy rating and $32 price target on the stock this past Wednesday but trimmed its still well above-consensus earnings estimate for the fourth quarter to 28 cents a share from 54 cents a share after the company reported traffic and revenue per available seat figures for the period that were lower than its projections. The estimate change aside, the firm is still a big bull on United Continental.

"Despite the adjustments to December figures, we continue to believe that UAL will benefit as it grows its share of higher-yielding business travel, and improves its operations via the integration of the Continental network and an upgrade of its fleet," Sterne Agee said.

Check out TheStreet's quote page for United Continental for year-to-date share performance, analyst ratings, earnings estimates and much more.

-- Written by Michael Baron in New York.



>To contact the writer of this article, click here: Michael Baron.

>To submit a news tip, send an email to: tips@thestreet.com

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
9 of 9

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs