Should You Think About Buying United Airlines Holdings, Inc. (NASDAQ:UAL) Now?
Should You Think About Buying United Airlines Holdings, Inc. (NASDAQ:UAL) Now?
Today we're going to take a look at the well-established United Airlines Holdings, Inc. (NASDAQ:UAL). The company's stock saw a decent share price growth of 18% on the NASDAQGS over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Let's examine United Airlines Holdings's valuation and outlook in more detail to determine if there's still a bargain opportunity.
今天我們來看一下成熟的聯合大陸航空控股有限公司 (NASDAQ:UAL)。該公司的股票在納斯達克上看到了18%的不錯股價漲幅。股東們可能欣賞最近的價格提升，但該公司仍有一段路要走才能再次達到年度高點。作爲一家受到分析師高度關注的大型股票，您可以認爲公司前景的任何最新變化已經在股票價格中反映。然而，如果股票仍然很便宜呢？讓我們更詳細地研究聯合大陸航空控股的估值和前景，以判斷是否仍有便宜的機會。
What's The Opportunity In United Airlines Holdings?
聯合大陸航空控股有什麼機會呢？
Great news for investors – United Airlines Holdings is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that United Airlines Holdings's ratio of 5.91x is below its peer average of 12.35x, which indicates the stock is trading at a lower price compared to the Airlines industry. What's more interesting is that, United Airlines Holdings's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
投資者的好消息——根據我們的價格多元模型，聯合大陸航空控股仍在以相當便宜的價格交易，我們將公司的市盈率與行業平均水平進行了比較。在這種情況下，我們使用市盈率 (PE) 比率，因爲沒有足夠的信息可靠地預測股票的現金流。我們發現，聯合大陸航空控股的5.91倍 PE 比率低於同行業的12.35倍 PE 比率，這表明該股票的價格比航空公司行業低。更有趣的是，聯合大陸航空控股的股價相當波動，這使我們有更多買入的機會，因爲在未來股價可能會下跌 (或上漲)。這是基於他們的高貝塔，該指標是股票相對於市場的移動程度的良好指標。
Can we expect growth from United Airlines Holdings?
我們可以期待聯合大陸航空控股的增長嗎？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by 36% over the next couple of years, the future seems bright for United Airlines Holdings. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
未來前景是您考慮購買股票時需要考慮的重要因素，特別是如果您是尋找投資組合增長的投資者。以便宜的價格購買一個有強勁前景的優秀公司總是一個不錯的投資，因此讓我們也來看一下該公司的未來預期。預計在未來幾年內，利潤將增長 36%，聯合大陸航空控股的未來看起來很光明。似乎更高的現金流將增加其股票估值。
What This Means For You
這對您意味着什麼？
Are you a shareholder? Since UAL is currently below the industry PE ratio, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple.
您是股東嗎？由於 UAL 目前低於行業市盈率，現在是增加持股的好時機。隨着樂觀的前景，好像這種增長還沒有完全反映在股價上。然而，也有其他因素，比如資本結構，需要考慮，這可能解釋當前的價格倍數。
Are you a potential investor? If you've been keeping an eye on UAL for a while, now might be the time to make a leap. Its prosperous future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy UAL. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed assessment.
您是潛在的投資者嗎？如果您一直關注 UAL，現在可能是時候邁出這一步了。因爲未來有利潤前景的股票還沒有完全反映在當前的股價中，這意味着現在買 UAL 還不算晚。但在做出任何投資決策之前，請考慮其他因素，比如其管理團隊的歷史紀錄，以便進行充分的評估。
Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. While conducting our analysis, we found that United Airlines Holdings has 3 warning signs and it would be unwise to ignore them.
請注意，在分析股票時，值得注意的是其中涉及的風險。在進行分析時，我們發現聯合大陸航空控股有三個警告信號，忽略它們是不明智的。
If you are no longer interested in United Airlines Holdings, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再對聯合大陸航空控股感興趣，您可以使用我們的免費平台查看我們的超過50個其他高增長潛力股票列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。