United Continental Holdings (UAL) Down In Pre-Market Trading

Trade-Ideas LLC identified United Continental Holdings (UAL) as a pre-market laggard candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

United Continental Holdings

(

UAL

) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified United Continental Holdings as such a stock due to the following factors:

  • UAL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $288.8 million.
  • UAL traded 17,966 shares today in the pre-market hours as of 9:26 AM.
  • UAL is down 3.4% today from yesterday's close.

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More details on UAL:

United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company transports people and cargo through its mainline and regional operations. UAL has a PE ratio of 2. Currently there are 6 analysts that rate United Continental Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for United Continental Holdings has been 6.0 million shares per day over the past 30 days. United Continental has a market cap of $13.9 billion and is part of the services sector and transportation industry. The stock has a beta of 0.86 and a short float of 4.5% with 2.03 days to cover. Shares are down 27.8% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates United Continental Holdings as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity and attractive valuation levels. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Airlines industry and the overall market, UNITED CONTINENTAL HLDGS INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • UAL, with its decline in revenue, slightly underperformed the industry average of 2.5%. Since the same quarter one year prior, revenues slightly dropped by 4.8%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • UNITED CONTINENTAL HLDGS INC's earnings per share declined by 33.3% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, UNITED CONTINENTAL HLDGS INC increased its bottom line by earning $19.52 versus $2.79 in the prior year. For the next year, the market is expecting a contraction of 59.1% in earnings ($7.99 versus $19.52).
  • The gross profit margin for UNITED CONTINENTAL HLDGS INC is currently lower than what is desirable, coming in at 31.20%. Regardless of UAL's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 3.81% trails the industry average.

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