If you are wondering whether United Airlines Holdings at around US$114 per share offers good value or is pricing in too much optimism, you are not alone.
The stock has seen mixed returns, with a 2.7% decline over the last 7 days, a 7.1% gain over the past month, and returns of 1.2% year to date and 6.3% over the last year, while the 3 year and 5 year returns are very large.
Recent attention on the airline sector has often focused on capacity discipline, ongoing cost pressures, and changing travel patterns. All of these can influence how investors think about risk for carriers like United Airlines Holdings. At the same time, news around industry wide operational resilience and long haul demand has helped frame expectations for how…
