Latest 13F filings show that billionaire Stanley Druckenmiller's Duquesne Family Office increased its holding in United Airlines Holdings, Inc. (NASDAQ: UAL) by over 200%, ending the June quarter with 794,795 shares.
United Airlines Holdings, Inc. (NASDAQ: UAL) recent quarterly results showed revenue jumped 16% year over year. EPS also beat expectations, despite declines due to fuel cost pressures. Management said the company sees a recovery in fuel cost pressure in fiscal Q3, with full recovery by Q4.
Valuation
UAL trades at a forward P/E of 12.10, a 43% discount to the industrials sector median of 21.24. The stock looks even cheaper on a growth-adjusted basis: its forward PEG ratio of 0.68 is well below the sector median of 1.69, meaning the market is pricing in far less earnings growth than ****** ysts actually expect. Consensus estimates put UAL's P/E falling to 8.11 by 2027 and 6.93 by 2028, as EPS growth is projected to jump 49% in 2027 and another 17% in 2028, after a flat 2026. If the company hits those targets, the stock would look severely underpriced at today's $124.50, and that gap is what would eventually push the price higher as investors catch on.
Bull Case
#Growth #cost
United Airlines Holdings, Inc. (NASDAQ: UAL) recent quarterly results showed revenue jumped 16% year over year. EPS also beat expectations, despite declines due to fuel cost pressures. Management said the company sees a recovery in fuel cost pressure in fiscal Q3, with full recovery by Q4.
Valuation
UAL trades at a forward P/E of 12.10, a 43% discount to the industrials sector median of 21.24. The stock looks even cheaper on a growth-adjusted basis: its forward PEG ratio of 0.68 is well below the sector median of 1.69, meaning the market is pricing in far less earnings growth than ****** ysts actually expect. Consensus estimates put UAL's P/E falling to 8.11 by 2027 and 6.93 by 2028, as EPS growth is projected to jump 49% in 2027 and another 17% in 2028, after a flat 2026. If the company hits those targets, the stock would look severely underpriced at today's $124.50, and that gap is what would eventually push the price higher as investors catch on.
Bull Case
#Growth #cost
2 hours ago
