Here's Why United Airlines (UAL) is a Strong Value Stock
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
United Airlines (UAL)
United Airlines Holdings is based in Chicago. The carrier changed its name from United Continental Holdings to United Airlines Holdings in June 2019. It is the holding company for both United Airlines and Continental Airlines.
UAL boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of United Airlines are trading at a forward earnings multiple of 9.7X, as well as a PEG Ratio of 1.2, a Price/Cash Flow ratio of 5.3X, and a Price/Sales ratio of 0.6X.
Many value investors pay close attention to a company's earnings as well. For UAL, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.35 to $10.23 per share for 2024. Per share UAL boasts an average earnings surprise of 26.9%.
Investors should take the time to consider UAL for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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United Airlines Holdings Inc (UAL) : Free Stock Analysis Report