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Delta Air Lines Inc (DAL-N)
NYSE:DAL
62.36
1.05
(1.66%) 1d
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Uranium fuels TSX higherBOC hikes rate, U.S. inflation hotNorth American markets ends in negative territory this WednesdayThis summary was created by AI, based on 18 opinions in the last 12 months.
The experts are generally positive about Delta Air Lines Inc (DAL), citing its strong fundamentals, growing cash reserves, reduced debt, and record air travel volumes. They recommend maintaining a tight stop and expect the stock to achieve significant upside potential. The company has consistently reaffirmed its profit projections, announced additions in flights, and reported increases in quarterly cash flow while retiring debt. Overall, the reviews paint a picture of a well-positioned airline company with solid financial metrics and positive growth prospects.
$64.670
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US airline passengers volumes have finally returned to pre-Covid levels (vs. 16 months after 9/11, and 19 months after the 2008 crisis). UAL just announced a beat and strong guidance; UAL said the price wars are over, so this has lifted the entire airline industry. DAL just announced 7 new destinations to Europe and increases flights on some routes, like Atlanta to Barcelona.
They report Tuesday. Lots of moving parts now, but overall demand remains high. The problem in recent months is overcapacity in the airline industry.
The airline sector has come off again. Delta is the dominant carrier in Atlanta airport, the world's biggest airport and it is the least unionized airline. Also they own their own refinery and fuel is a big expense. It trades at 6X next year's earnings. Buy 21 Hold 1 Sell 0
(Analysts’ price target is $59.05)Though the PE is reasonable, he's troubled by the lawsuit against Crowdstrike.
We again reiterate DAL as a TOP PICK. Fitch just upgraded their credit rating back to investment grade, commenting their metrics have improved considerably after the pandemic. The company has reduced gross debt aggressively and downsized its leases by $11 billion over the past three years. It trades at 7x earnings, 2.2x book and supports a robust 43% ROE. We continue to recommend maintaining a tight stop at $43, looking to achieve $61 -- upside potential of 31%. Yield 1.4%
(Analysts’ price target is $61.32)It's the best US airline. But the stocks aren't reflect record volumes. The airline stocks may have peaked in July 2023.
We reiterate DAL as a TOP PICK as air travel is expected to continue making new records. Cash reserves are growing, while debt is aggressively retired. It trades at 7x earnings, under 3x book value and supports a robust 57% ROE. We continue to recommend a stop loss at $43, looking to achieve $61 -- upside potential of 22%. Yield 0.7%
(Analysts’ price target is $61.70)A beautiful chart and fundamentals look great.
With summer travel set to hit record levels, we once again reiterate DAL as a TOP PICK. It trades 7x earnings, 2.7x book value and boasts a 52% ROE. Quarterly cash reserves are growing, while debt is retired. Its dividend is supported by a payout ratio under 10% of cash flow. We recommend trailing up the stop (from $39) to $43, looking to achieve $57 -- upside potential of 20%. Yield 0.6%
(Analysts’ price target is $56.75)The ongoing travel boom and today's stronger employment numbers means giving this a try, though he normally doesn't recommend buying stock before they report (DAL on Wednesday).
It's a short-term rental and based on momentum, not fundamentals, but he's starting to change his mind. Why? Delta commands high passenger capacity despite high prices.
It is still cheap at a 15% free cash flow yield. The business travel component is back to pre-pandemic levels, at least for Delta. Trades at 6 1/2X expected earnings.
As management reaffirms Q1 profit projections as international travel demand returns along with a stronger US dollar, we again reiterate DAL as a TOP PICK. It’s trading at 6x earnings, 2.5x book and supports a robust 52% ROE. Quarterly cash flow is growing, while debt is retired. We recommend trailing up the stop (from $30) to $39, looking to achieve $54 — upside potential of 27%. Yield 0.9%
(Analysts’ price target is $54.53)
Delta Air Lines Inc(DAL-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 9
Delta Air Lines Inc(DAL-N) Frequently Asked Questions
What is Delta Air Lines Inc stock symbol?
Delta Air Lines Inc is a American stock, trading under the symbol DAL-N on the New York Stock Exchange (DAL). It is usually referred to as NYSE:DAL or DAL-N
Is Delta Air Lines Inc a buy or a sell?
In the last year, 9 stock analysts published opinions about DAL-N. 8 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Delta Air Lines Inc.
Is Delta Air Lines Inc a good investment or a top pick?
Delta Air Lines Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Delta Air Lines Inc.
Why is Delta Air Lines Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Delta Air Lines Inc worth watching?
9 stock analysts on Stockchase covered Delta Air Lines Inc In the last year. It is a trending stock that is worth watching.
What is Delta Air Lines Inc stock price?
On 2024-12-03, Delta Air Lines Inc (DAL-N) stock closed at a price of $62.36.
Our PAST TOP PICK with DAL is progressing well. To remain disciplined, we recommend trailing up the stop (from $48) to $54 at this time.