United Continental Holdings Inc’s (NYSE:UAL) Last Three-Month Insider Trades Amounted To US$7.23 million – (DAL, ALK, LCC)

  on Jun 06,2012 Posted in Business News ,Finance
 
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Reuters’ reported that United Continental Holdings Inc (NYSE:UAL) plans to reduce the jobs from its operations at Houston George Bush Intercontinental. The layoffs come as the city provided Southwest Airlines approval to use William Hobby Airport, and constructed new gates there.

United Continental said in a memo to employees sent on May 31they predict to initiate a 10 percent reduction in planned Intercontinental capacity beginning with the fall 2012 schedule change. Director Glenn Tilton, on that same day, exercised his market option for 88,888 shares valued at US$4.86 a share, then sold those shares at US$25.00 per share, for a profit of US$1.79 million. Other than Tilton, company insiders with UAL have filed insider trading reports with the SEC that have amounted to US$7.23 million in the last three months.

Based on valuation measures United Continental Holdings Inc (NYSE:UAL) total value in the stock market, calculated after recent closing bell, was $7.73 billion and enterprise value which is the acquisition value of a company retrieved from yahoo data was $12.89 billion. In trailing 12 months price to sales ratio, which is a ratio for valuing a stock relative to its own past performance, other companies or the market itself, was kept at 0.21.

To compare market capitalization and price/sales ratios across firms in a sector, total value of Delta Air Lines, Inc (NYSE:DAL) in the stock market was $8.92 billion and the takeover value of a company was $18.52 billion. Last twelve month price to sales ratio for the company was 0.25.

Total value of Alaska Air Group, Inc (NYSE:ALK) in the stock market after latest trading session was $2.32 billion and enterprise value that represents the acquisition value was $2.45 billion. In 52 weeks price to sales ratio was maintained at 0.53.

Now making comparison of above companies with US Airways Group, Inc (NYSE:LCC) its market capitalization after most recent trading session was $1.89 billion and enterprise value at which it can be sold was $4.13 billion. Price to sales ratio in prior 52 weeks was 0.14.

 



 

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