They now have $62.00 price target on the transportation company's stock. Also, it has an estimated price-earnings (P/E) multiple of 8.95 and a trailing 12-month price-earnings (P/E) multiple of 10.11.
Unit revenue was up 2.9 percent, with RPM passenger traffic up 2.1 percent. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years.
United Airlines (UAL), which reports second-quarter results on Tuesday, was not yet active. However, the company worked hard and finally pushed through the barrier this quarter. Moreover, we are impressed with Delta's employee-friendly approach as well as expansion and debt-reduction efforts. Non-fuel unit cost (including profit sharing) is expected to increase approximately 4% in the third quarter.
A number of brokerages have recently issued reports on DAL.
Delta Air Lines (DAL) became the first North American operator of the state-of-the-art Airbus A350 Thursday, continuing its ongoing effort to transform the travel experience and deliver innovative products and services for consumers.
Delta Air Lines Inc (NYSE:DAL) shows a Forward Annual Dividend Rate of $0.74 and Trailing Annual Dividend Yield of 1.36% according to MorningStar Inc. Morgan Stanley reiterated an "overweight" rating on shares of Delta Air Lines in a research note on Friday, April 7th. Stephens initiated it with "Overweight" rating and $65 target in Tuesday, March 29 report. Barclays Capital maintained the stock with "Underweight" rating in Thursday, May 19 report. The legal version of this report can be viewed at https://www.themarketsdaily.com/2017/07/14/delta-air-lines-inc-dal-stock-rating-upgraded-by-bidaskclub-updated.html.
In early NY trading, Delta shares were 2.1% lower at US$54.30.
About 2.43 million shares traded. On Wednesday, February 15 HAUENSTEIN GLEN W sold $2.22 million worth of Delta Air Lines, Inc. Commerzbank Aktiengesellschaft Fi holds 0.04% of its portfolio in Delta Air Lines, Inc. Winslow Capital Management LLC now owns 4,535,802 shares of the transportation company's stock valued at $208,465,000 after buying an additional 4,535,724 shares in the last quarter. Traders bought 30,751 put options on the company. That's a potential 17.89 increase relative to where Delta Air Lines, Inc. The transportation company reported $1.64 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.66 by $0.02. (NYSE:DAL). Amalgamated Fincl Bank owns 0.17% invested in Delta Air Lines, Inc. Delta Air Lines had 43 analyst reports since August 3, 2015 according to SRatingsIntel. Earnings, however, climbed 11.56% on a year-over-year basis. Imperial Capital also issued estimates for Delta Air Lines' FY2017 earnings at $5.15 EPS, FY2018 earnings at $5.65 EPS and FY2019 earnings at $2.85 EPS.
TRADEMARK VIOLATION NOTICE: This story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. (NYSE:DAL) on Wednesday, February 15. Shares for $1.21M were sold by Bastian Edward H. The stock now has Monthly Volatility of 1.67% and Weekly Volatility of 1.93%. Shares for $1.61 million were sold by WALDEN MARNI M. Its up 26.5% from 14.74M shares previously. The shares were purchased at an average price of $44.12 per share, with a total value of $249,939.80. Following the completion of the sale, the chief operating officer now directly owns 89,232 shares in the company, valued at approximately $4,503,539.04. Over the last three months, the shares of the company have changed 20.98% and performed 5.95% over the last six months. (NYSE:DAL). Advisor Lc holds 0.16% or 10,688 shares in its portfolio. West W Gilbert sold $800,155 worth of Delta Air Lines, Inc.
Last quarter's earnings results selling lasted only 2 days as the company still represents one of the best in its sector, meaning that long-term investors are still taking opportunities to "buy the dip" in DAL. Cambria Investment Management L.P. boosted its stake in shares of Delta Air Lines by 1.2% in the first quarter. 1,000 Delta Air Lines, Inc. AQR Capital Management LLC now owns 9,571,378 shares of the transportation company's stock worth $439,900,000 after buying an additional 1,308,115 shares during the period. Delta Air Lines Inc Del now has $41.00 billion valuation. The U S Global Investors Inc holds 170,990 shares with $8.41M value, up from 134,435 last quarter. Colorado-based Advisors Asset Management has invested 0.04% in Delta Air Lines, Inc. Market Capitalization if basically the market value of the company's shares outstanding.