Stock Perspective: Delta Air Lines, Inc. (NYSE:DAL) Earnings in View

Carla Harmon
February 23, 2017

Delta Air Lines, Inc.

0 analysts rated the stock of Applied Materials, Inc. The share price of $51.21 is at a distance of 58.68 percent from its 52-week low and down -2.94 percent versus its peak. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/02/20/delta-air-lines-inc-dal-downgraded-to-hold-at-zacks-investment-research.html. Delta Air Lines's payout ratio is 14.04%.

Stock price is down 2.9% since it reached the one year high price and is down $ -1.53 since then. Primecap Management Co. CA boosted its stake in Delta Air Lines by 1.8% in the second quarter. O Shaughnessy Asset Management LLC now owns 106,458 shares of the company's stock valued at $5,237,000 after buying an additional 28,063 shares during the period. Hedge funds and other institutional investors own 79.44% of the company's stock.


Let's take a quick look at where covering equity analysts see Delta Air Lines, Inc. (NYSE:DAL) right now sits at consensus rating of 2.00 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 0 suggest "HOLD". (NYSE:DAL) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.04% to 51.21 with around 6.4 Million shares have changed hands in this session.

New York Community Bancorp, Inc. The firm has a 50 day moving average price of $49.66 and a 200-day moving average price of $44.28. The company has a market cap of $37.29 billion, a P/E ratio of 8.85 and a beta of 0.75.

In related news, COO W Gilbert West sold 15,600 shares of the stock in a transaction dated Wednesday, February 15th. The reported earnings per share topped the analyst's consensus by $0.04 with the percentage difference between estimated and actual earnings arriving at 2.40%. The High end of the Estimate is $9.38 Billion, while the Low end of the Estimate is $9.23 Billion. EPS ratio determined by looking at last 12 month figures is 5.78. (NASDAQ:AMAT) for the next year 5 years is 21.62 percent (per annum), as compared to 26.68 percent (per annum) in the past 5 years. The stock next year first quarter current estimate trend for EPS was for $1.05 and on annual basis FY 2016 estimate trends at current was for $4.39 as compared to one month ago of $4.39, and for next year per share earnings estimates have $4.68. (NASDAQ:ACUR) is under coverage by number of analysts. According to 1 analysts, Price Target for Delta Air Lines, Inc. Imperial Capital reiterated an in-line rating and set a $52.00 price objective on shares of Delta Air Lines in a research report on Friday, December 23rd.


Zacks Investment Research cut shares of Delta Air Lines, Inc. Credit Suisse Group reaffirmed a "buy" rating on shares of Delta Air Lines in a research report on Tuesday, November 8th. (NASDAQ:AMAT) as "STRONG BUY", 0 rated as "BUY" and 0 issued a "HOLD" rating. Finally, Cowen and Company restated an "outperform" rating and issued a $60.00 price target (up from $57.00) on shares of Delta Air Lines in a research report on Friday, January 6th.

Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Delta Air Lines was Upgraded by Bernstein to Outperform on Feb 6, 2017.

Price Target plays a critical role when it comes to the Analysis of a Stock. Also, Director Douglas R. Ralph bought 1,000 shares of the business's stock in a transaction that occurred on Monday, January 23rd. The average numbers of shares are traded in a security per day, during the recent 3-month period. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.


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