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

NYSE:DAL

29.67

0.14 (0.47%) 1d

Showing 1 to 15 of 62 entries

COMMENT

options action It got hit early today. The stock was trading beneath the 36 level. There was a buyer of 20,000 of the July 38 calls, going for $1.35. They were getting hedged by selling the upside call. He likes seeing that; it takes away a bit of pain.

Transportation

BUY

Management recently offered very bullish commentary. They returned to profitability at 10% operating margins, and expect revenues to return 95% of their last pre-Covid quarter; March 2022 saw their strongest month for flight demand. Delta can pass higher oil prices onto customers.

Transportation

SELL

He sold Delta when the getting was good and made 17%. It's a great time to take profits on stocks with profits. You don't go long-term with airlines. He's glad to be out. Delta is hedged, unlike most of its peers. But the gains have been made already.

Transportation

BUY

He just bought it, because he expects a great summer of travel. The planes and airports are packed.

Transportation

BUY

Today, the CEO boasted of very strong demand. Things are very good for the airlines, which signals a healthy consumer. He believes in the CEO. He just bought this, the only other airline he has bought beside Alaska Air in a very long time. Delta's customer service towers over its peers. international travel is still at 55% of 2019 levels. If testing requirements are removed, he expects this travel to shoot through the roof.

Transportation

STRONG BUY

Great management and fine forward guidance. They just forecast double-digit profits going forwards, based on strong bookings and demand--and the business traveller hasn't come back yet. This is a long-term hold. People are tired of sitting at home.

Transportation

BUY on WEAKNESS

Airlines are getting hit now by higher fuel costs, but this is a reopening stock and it trades at only a single-digit multiple. Endure the next few weeks of bumpiness as the Fed raises rate and hold cheaper-value cyclicals because they will outperform. He would add to it. The CEO said recently he can't meet customer demand.

Transportation

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.

Transportation

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

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.

Transportation

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.

Transportation

Unlock the Weekly Buzzing Stocks

Become a member Or, Sign In

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.

Transportation

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.

Transportation

COMMENT

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

Transportation

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

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)

Transportation

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.

Transportation

Showing 1 to 15 of 62 entries

Delta Air Lines Inc(DAL-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

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, 9 stock analysts published opinions about DAL-N. 7 analysts recommended to BUY the stock. 2 analysts 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 2022-07-07, Delta Air Lines Inc (DAL-N) stock closed at a price of $29.67.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.