Published: Thu, April 12, 2018
Money | By Armando Alvarado

Delta Air Lines Inc (NYSE:DAL): Are Analysts Bullish?

Delta Air Lines Inc (NYSE:DAL): Are Analysts Bullish?

This's net activity of $15.51 million. Cowen & Co maintained Delta Air Lines, Inc.

A number of research firms have weighed in on DAL. Stifel Nicolaus upped their price objective on shares of Delta Air Lines from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, April 5th. ValuEngine cut Delta Air Lines from a "strong-buy" rating to a "buy" rating in a report on Monday, April 2nd. (NYSE:DAL). The stock now provides a dividend yield of 2.37% for the Services company. Rating Scale: 1.0 represent "Strong Buy" and 2.0 signify "Buy" 3.0 while shows "Hold". The stock has "Buy" rating by Stifel Nicolaus on Thursday, April 5. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.47. The company has Relative Strength Index (RSI 14) of 46.03 together with Average True Range (ATR 14) of 1.44.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Thursday, April 12th. 583.95 million shares or 0.88% less from 589.14 million shares in 2017Q3 were reported. After $1.92 actual EPS reported by SAP SE for the previous quarter, Wall Street now forecasts -70.31% negative EPS growth. It increased by 8% versus the prior year and was boosted by improvements made across the business. First Trust Advsr L P has 0.13% invested in Delta Air Lines, Inc.

On 10/28/2016 NYSE:DAL - Delta Air Lines announced a quarterly dividend of $0.20 1.94% with an ex dividend date of 11/8/2016 which will be payable on 12/2/2016.

If investors are looking for a solid dividend stock with upside potential, Citizens Financial Group, Inc. Presently, Beta factor for DAL stock stands at 1.08.

Pep Guardiola points finger at officials after Manchester City's Champions League exit
You won't find a team who can keep the same momentum, the same rhythm, the same pace with this amount of games. Speaking to BT Sport after the match, the City manager spoke witheringly of Mateu Lahoz's officiating.

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

In other news, Director George N. Mattson acquired 10,000 shares of the company's stock in a transaction that occurred on Thursday, February 8th. The shares were bought at an average price of $51.89 per share, for a total transaction of $518,900.00. Following the completion of the sale, the president now directly owns 271,225 shares of the company's stock, valued at approximately $11,933,900. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 253,818 shares of company stock valued at $12,020,242.

A number of large investors have recently added to or reduced their stakes in the stock. Moreover, Franklin has 0% invested in Delta Air Lines, Inc. Following the completion of the transaction, the chief operating officer now directly owns 61,872 shares of the company's stock, valued at $3,468,544.32. $365,628 worth of Delta Air Lines, Inc. Public Employees Retirement Association of Colorado now owns 1,217,335 shares of the company's stock worth $44,348,000 after buying an additional 281,253 shares in the last quarter. The Raymond James & Associates holds 1.06M shares with $64.57M value, down from 1.08M last quarter. A total of 7,611,731 shares exchanged hands during the intra-day trade contrast with its average trading volume of 7.95M shares, while its relative volume stands at 1.94. (NYSE:DAL). Zwj Investment Counsel holds 0.06% or 14,009 shares. (NYSE:DAL) shs with value of $1.89 million were sold by Jacobson Paul A.

A rising top line helped Delta to deliver adjusted pre-tax income of $676 million and adjusted EPS of $0.74. Blackrock owns 35.80 million shares. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright laws. See Delta Air Lines, Inc.

The company's branded fares surged to $421 million, a 23 percent increase year-over-year, showing the success of increased fare segmentation for flyers.

Like this: