Buy, Sell or Hold: Delta Air Lines Inc (DAL-N) — Stock Predictions at Stockchase

NYSE:DAL

39.54

0.77 (1.91%) 1d

Showing 1 to 15 of 55 entries

WATCH

It reports Thursday. Look for comments about future projections, past Omicron. Do they think business travellers will come back? Will fares rise? He's skeptical about how far Delta can go in this environment, full of Omicron worries.

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PAST TOP PICK

(A Top Pick Jun 10/21, Down 24.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DAL has triggered its stop at $35. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.

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DON'T BUY

They report Wednesday. They'd do a lot better if there was a Covid passport in the U.S. as they do in Europe, where they're ahead in things like this. Travel realities will impact Delta's earnings.

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TOP PICK

Bank of America expects an 8% increase in travel versus pre-covid 2019 levels. Jim Cramer feels that there is still some runway left even though the shares have run up. Social media mentions have increased 38% in the last 24 hours.

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BUY

Bank of America reports there's an 8% increase in travel vs. 2019 (not 2020 during Covid). This trend will benefit American Airlines and Delta (his favourite airline), especially when international travel returns. True, shares have run up, but he feels there's still plenty of runway left.

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COMMENT

They report next week. How is the Delta variant impacting Delta? Will business travellers come back? That's hard to read.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly At some point travelers will return to flying. Analysts at Jefferies upgraded the company, calling for $60. They see the exposure to renewed corporate and transatlantic travel as key. Morgan Stanley has them as the only air carrier they recommend to overweight. With EPS projected around $4 next year, it's priced at 12x earnings today. Now is the time step on board. We would buy this with a stop loss at $35, looking to achieve $55 -- upside over 17%. Yield 0% (Analysts’ price target is $54.76)

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COMMENT

How to play the U.S. reopening in a short-term trade. Buy airlines. People will probably fly to get their favourite place. A lot of people, from what he sees on social media, are travelling finally after waiting the past year. Delta has been flat compared to peers, so it offers upside among airlines.

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DON'T BUY

Based on analyst Larry Williams' true seasonal index Younger investors love the airlines, but Williams has a very negative outlook for them. Meanwhile, Williams forecasts--based on the last 11 years' patterns--a market rally starting right before Christmas and into early-January, except certain sectors including airlines.

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DON'T BUY

UAL-Q or DAL-N. The airlines are the most prominent businesses that suffered directly from COVID and it is difficult to know when it will improve. Most of these companies have raised money recently. Both score poorly on most metrics he looks at. He would prefer AC-T over these two as it is liable to get government support. CHR-T also.

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SELL

He had bought it in 2015/16 on the premise that the airlines were a lot more rational. This one was going to make a lot of money on their credit card. In early March he exited. He could have acted sooner. Companies with zero revenue will have impaired balance sheets if they have debt. Retail and restaurants will be hurt in the short term.

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WAIT

He would not go near an airline stock right now. Wait until they are bailed out. This is a high volatility trade. You may be able to wait 1 to 2 years.

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TOP PICK

People hated airlines, but the industry has changed. You pay extra for everything. The industry has taken a hit during the outbreak which is temporary. It trades under 10x earnings, cheap. DAL is a low-cost cheap provider and not unionized. (Analysts’ price target is $69.85)

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PAST TOP PICK

(A Top Pick Jan 25/19, Up 32%) Delivered a home run earnings report today. Great earnings. They are buying fuel-efficient planes. In 2021-22, this can earn $10/share. They've been generating profits since 2015 and hopes Delta will finally be rewarded by the media. Emerging market wealth in Asia and India means more travellers.

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WEAK BUY

They're doing fine. Consolidation is what made Buffet take a closer look. International routes is where the money is. Earnings beat expectations this past quarter. There is consolidation in the business. The wild card is rising oil prices. If it rises, stock prices will suffer. Dividend growth of 19% so plenty of free cashflow.

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Delta Air Lines Inc(DAL-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Delta Air Lines Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 3 stock analysts published opinions about DAL-N. 2 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?

3 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 2022-01-18, Delta Air Lines Inc (DAL-N) stock closed at a price of $39.54.

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