UBS Maintains a 'Buy' on US Airways Group (LCC); Raising Numbers on Strong Outlook/Guidance
LCC Hot Sheet
Rating Summary:8 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 7 | New: 26
UBS maintains a 'Buy' on US Airways Group (NYSE: LCC) price target raised from $10 to $14.
UBS analyst says, "US Airways beat Street EPS by more than a dime in 4Q. Revenue was in-line at up 8.5%, but costs came in at the lower end of guidance. Both international and domestic showed revenue strength with unit revenue (RASM) up double digits...Our 2012 EPS estimate moves to $2.91 from $1.81 on both better revenue and cost outlook." (FY13 raised from $3.18 to $4.13)
For an analyst ratings summary and ratings history on US Airways Group click here. For more ratings news on US Airways Group click here.
Shares of US Airways Group closed at $7.52 yesterday, with a 52 week range of $3.96-$11.28.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
UBS analyst says, "US Airways beat Street EPS by more than a dime in 4Q. Revenue was in-line at up 8.5%, but costs came in at the lower end of guidance. Both international and domestic showed revenue strength with unit revenue (RASM) up double digits...Our 2012 EPS estimate moves to $2.91 from $1.81 on both better revenue and cost outlook." (FY13 raised from $3.18 to $4.13)
For an analyst ratings summary and ratings history on US Airways Group click here. For more ratings news on US Airways Group click here.
Shares of US Airways Group closed at $7.52 yesterday, with a 52 week range of $3.96-$11.28.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
You May Also Be Interested In
- Needham & Company Reiterates a 'Buy' on NetApp (NTAP); Solid 4Q Overshadowed by Conservative 1Q
- UBS Raises Price Target and Estimates on PetSmart (PETM); Sees Sustained Sales and Margin Benefit
- UBS Cuts Price Target and Estimates on Analog Devices (ADI); Good Q2, But Slowing Growth in N-T
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
UBSSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
