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The experts generally have a positive outlook on Delta Air Lines Inc (DAL-N), citing factors such as high passenger capacity, strong cash flow, and debt reduction. The company is expected to benefit from a resurgence in travel demand, with potential for upside potential. Some experts also highlight the stock's cheap valuation and high free cash flow yield. However, there are also concerns about the challenges in the airline industry and the potential impact of a bad recession.
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.
Upgraded today. It generates a lot of free cash flow and it's paying down debt which they need to complete before there's a recession. He sees upside.
There is lots of pessimism in airlines now and airlines are trading at 2020 prices even though the situation is much better. It is the best managed airline in North America and rated the number one airline for the past several years by the wall Street Journal. It is trading at 5 1/2X this year's and next year's earnings.
He also talked about Air Canada which is also at an attractive price. The demand is roaring back but the capacity is well down from 2019. Advance ticket sales are way up. In general the airlines are keeping the supply tight.
Buy 22 Hold 0 Sell 0
This and United are the two airlines, but he wouldn't own any airline. It's hard to make money in this sector. Very competitive, huge costs and constant changes (loads, passenger levels).
It reports Thursday. DAL have pre-announced their downside already. Shares are beaten down a lot. Can't find a reason to buy this.
He wouldn't sell a share. Operations and results vs. two years are much much higher. Earnings estimates for 2023 are 30% higher than when the year started. Trades at 6x forward.
Made a major market low before the market actually bottomed in October 2022. Took out previous resistance from 2022, and poised to test 2021 highs, very positive.
Their balance sheets, but these companies are working through that. Delta is his pick here.
DAL is up 41% YTD. It reports July 13, with expectations of $14.3B sales and $2.33 EPS. Earnings could double this year on higher fares and lower fuel costs. Debt is still high at 4X cash flow but that is common for the sector. It remains very cheap at 7X earnings and continues to benefit from the travel recovery. A bad recession could hurt, but recent economic numbers have been fine. We like it today.
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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
In the last year, 12 stock analysts published opinions about DAL-N. 9 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Delta Air Lines Inc.
Delta Air Lines Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Delta Air Lines Inc.
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.
12 stock analysts on Stockchase covered Delta Air Lines Inc In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Delta Air Lines Inc (DAL-N) stock closed at a price of $47.87.
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.