We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has United Continental Holdings (UAL) Outpaced Other Transportation Stocks This Year?
Read MoreHide Full Article
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has United Continental Holdings (UAL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
United Continental Holdings is a member of the Transportation sector. This group includes 151 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. UAL is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for UAL's full-year earnings has moved 5.55% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that UAL has returned about 32.98% since the start of the calendar year. Meanwhile, the Transportation sector has returned an average of -9.17% on a year-to-date basis. This means that United Continental Holdings is outperforming the sector as a whole this year.
Looking more specifically, UAL belongs to the Transportation - Airline industry, which includes 28 individual stocks and currently sits at #37 in the Zacks Industry Rank. On average, stocks in this group have lost 15.72% this year, meaning that UAL is performing better in terms of year-to-date returns.
Going forward, investors interested in Transportation stocks should continue to pay close attention to UAL as it looks to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has United Continental Holdings (UAL) Outpaced Other Transportation Stocks This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has United Continental Holdings (UAL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
United Continental Holdings is a member of the Transportation sector. This group includes 151 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. UAL is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for UAL's full-year earnings has moved 5.55% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that UAL has returned about 32.98% since the start of the calendar year. Meanwhile, the Transportation sector has returned an average of -9.17% on a year-to-date basis. This means that United Continental Holdings is outperforming the sector as a whole this year.
Looking more specifically, UAL belongs to the Transportation - Airline industry, which includes 28 individual stocks and currently sits at #37 in the Zacks Industry Rank. On average, stocks in this group have lost 15.72% this year, meaning that UAL is performing better in terms of year-to-date returns.
Going forward, investors interested in Transportation stocks should continue to pay close attention to UAL as it looks to continue its solid performance.