Professional
Added to YB: 2025-01-10
Pitch date: 2025-01-02
UAL [bullish]
United Airlines Holdings, Inc.
+11.99%
current return
Author Info
Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.
Company Info
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America.
Market Cap
$29.8B
Pitch Price
$95.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.73
P/E
9.20
EV/Sales
0.82
Sector
Passenger Airlines
Category
turnaround
Night Watch Investment Management Portfolio Holding: United Airlines Holdings, Inc.
UAL: Best-in-class airline poised for 14% EBIT margin (vs 9% 2024). Catalysts: Southwest/American not growing fleet, potential JetBlue Ch.11. Tightening supply favors UAL. Bought at 6x P/E ($60), could reach 3x P/E. Up 6% since purchase. Holding for continued tailwinds despite historically poor airline returns.
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