Delta Air Lines Inc

DAL-N

NYSE:DAL

56.69
1.61 (2.92%)
Delta Air Lines, Inc. is a major American airline, with its headquarters and largest hub at Hartsfield–Jackson Atlanta International Airport in Atlanta, Georgia.
More at Wikipedia

Analysis and Opinions about DAL-N

Signal
Opinion
Expert
BUY
BUY
September 5, 2017

Transportation stocks have had a kind of bumpy last few months, and have pulled back down, so are more attractive on a valuation perspective. He generally likes airlines. The business has been rationalized as they have "whittled down" to a large handful of players. They seem to be competing less on price, therefore respecting one another’s margins. Labour, etc. seems to have been put in the background. With global economy improving, they are able to keep prices high. This has a PE of less than 10.

Delta Air Lines Inc (DAL-N)
September 5, 2017

Transportation stocks have had a kind of bumpy last few months, and have pulled back down, so are more attractive on a valuation perspective. He generally likes airlines. The business has been rationalized as they have "whittled down" to a large handful of players. They seem to be competing less on price, therefore respecting one another’s margins. Labour, etc. seems to have been put in the background. With global economy improving, they are able to keep prices high. This has a PE of less than 10.

David Dietze
Founder, Pres. & Chief Investment Strategist, Point View Wealth Management
Price
$45.840
Owned
Unknown
TOP PICK
TOP PICK
July 18, 2017

The US airlines have fundamentally transformed themselves. They used to be carefree and footloose with funds. Over the last 4 years they have consolidated, and there are now only 4 major carriers, and have been enormously profitable. This is buying back stock hand over fist. Raised its dividend, and announced a 50% dividend increase for the next quarter. Trading at about 9X earnings. Dividend yield of 1.5%. (Analysts’ price target is $66.)

The US airlines have fundamentally transformed themselves. They used to be carefree and footloose with funds. Over the last 4 years they have consolidated, and there are now only 4 major carriers, and have been enormously profitable. This is buying back stock hand over fist. Raised its dividend, and announced a 50% dividend increase for the next quarter. Trading at about 9X earnings. Dividend yield of 1.5%. (Analysts’ price target is $66.)

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$53.960
Owned
Yes
COMMENT
COMMENT
March 8, 2017

Chart shows this is retesting old highs, and that is always bullish.

Chart shows this is retesting old highs, and that is always bullish.

William Chin
Portfolio manager, Caldwell Investment Management
Price
$47.670
Owned
Unknown
BUY
BUY
January 30, 2017

It is another one she likes. They have not been able to add margins, but they were able to add flights so they have one of the better valuations. See Top Picks today.

It is another one she likes. They have not been able to add margins, but they were able to add flights so they have one of the better valuations. See Top Picks today.

Erin Gibbs
V.P., S&P Global Market Intelligence
Price
$47.670
Owned
Yes
COMMENT
COMMENT
December 7, 2016

Doesn’t own any airline stocks. Typically, when airlines start to make enough money, they get into labour issues and have to increase capacity to deal with that. They’ve had a wonderful run and are wonderful trading vehicles, but there’s too much volatility for him.

Doesn’t own any airline stocks. Typically, when airlines start to make enough money, they get into labour issues and have to increase capacity to deal with that. They’ve had a wonderful run and are wonderful trading vehicles, but there’s too much volatility for him.

James Thorne
Sr Portfolio Manager & Chief Capital Markets Strat, Caldwell Investment Management
Price
$51.100
Owned
No
BUY
BUY
December 1, 2016

Boeing (BA-N) or Delta (DAL-N)? This just rebounded off a beautiful price low at 2X Book. The stock is cheap. Its FMV is 85% higher than the current price. He would buy this and forget Boeing.

Boeing (BA-N) or Delta (DAL-N)? This just rebounded off a beautiful price low at 2X Book. The stock is cheap. Its FMV is 85% higher than the current price. He would buy this and forget Boeing.

Ross Healy
Chairman, Strategic Analysis Corp
Price
$47.770
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 28, 2016

(A Top Pick Dec 16/15. Down 5.42%.) A superior operator in terms of an airline, and it has bounced all over the map. Reduced some of his exposure, but of the legacy carriers, this is best of breed. Really good cost control. Higher margins than others. Thinks better times are ahead for the airline industry.

Delta Air Lines Inc (DAL-N)
November 28, 2016

(A Top Pick Dec 16/15. Down 5.42%.) A superior operator in terms of an airline, and it has bounced all over the map. Reduced some of his exposure, but of the legacy carriers, this is best of breed. Really good cost control. Higher margins than others. Thinks better times are ahead for the airline industry.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$48.490
Owned
Yes
COMMENT
COMMENT
November 22, 2016

(Market Call Minute.) Airlines look great.

Delta Air Lines Inc (DAL-N)
November 22, 2016

(Market Call Minute.) Airlines look great.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$48.900
Owned
No
TOP PICK
TOP PICK
December 16, 2015

US has typically had a problem with capacity, so as the economy picks up, all the airlines come out with new planes, brings on too much capacity, and essentially over saturates the market, so margins collapse. Exactly the opposite is happening this cycle. They have been extremely disciplined. As one of the original legacy carriers, this is a very strong name that have cut costs down, has very strong margins with a powerful tailwind of lower fuel prices. Trading at roughly 9X next year’s earnings, so it is extremely cheap.

Delta Air Lines Inc (DAL-N)
December 16, 2015

US has typically had a problem with capacity, so as the economy picks up, all the airlines come out with new planes, brings on too much capacity, and essentially over saturates the market, so margins collapse. Exactly the opposite is happening this cycle. They have been extremely disciplined. As one of the original legacy carriers, this is a very strong name that have cut costs down, has very strong margins with a powerful tailwind of lower fuel prices. Trading at roughly 9X next year’s earnings, so it is extremely cheap.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$52.120
Owned
Yes
COMMENT
COMMENT
February 17, 2015

This airline seems to be performing very well. Have had a lot of cost cuts and significant earnings leverage. Air Canada (AC-T) trades at a big discount to a company like this, and he would favour it over the US airlines. (See Top Picks.)

Delta Air Lines Inc (DAL-N)
February 17, 2015

This airline seems to be performing very well. Have had a lot of cost cuts and significant earnings leverage. Air Canada (AC-T) trades at a big discount to a company like this, and he would favour it over the US airlines. (See Top Picks.)

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$0.620
Owned
Unknown
TOP PICK
TOP PICK
January 5, 2015

About 2/3rds hedged in oil that ends at the end of this year. They have not massively added to supply which has been the killer for the industry.

About 2/3rds hedged in oil that ends at the end of this year. They have not massively added to supply which has been the killer for the industry.

Peter Mann
Portfolio Manager, Gluskin Scheff & Assoc.
Price
$0.620
Owned
Yes
COMMENT
COMMENT
November 17, 2014

PE ratio of about 10X, which is cheaper than some of the other airlines. All of the airlines are benefiting from the US industry consolidation. This gives them pricing power, such as checked bags charges, etc. Even at 10X, it is still an attractive industry, but he doesn't think this would be his 1st choice. His preference would be United Airlines (UAL-N), which he feels is a better run business and one you can count on doing better over the next 2-3 years.

Delta Air Lines Inc (DAL-N)
November 17, 2014

PE ratio of about 10X, which is cheaper than some of the other airlines. All of the airlines are benefiting from the US industry consolidation. This gives them pricing power, such as checked bags charges, etc. Even at 10X, it is still an attractive industry, but he doesn't think this would be his 1st choice. His preference would be United Airlines (UAL-N), which he feels is a better run business and one you can count on doing better over the next 2-3 years.

John Wilson
CEO; Co-CIO & Sr Portfolio Manager, Sprott Asset Management
Price
$0.620
Owned
No
HOLD
HOLD
October 6, 2014

He is not too fond of airlines in general. However, this one got a bit of good news today in that their bonds are gaining on the credit side in terms of their rating. Airlines typically are high fixed costs, so in times of trouble they don’t do well. However, all of them seem to have been doing well. If you do see a correction, airline stocks will come off quickly.

He is not too fond of airlines in general. However, this one got a bit of good news today in that their bonds are gaining on the credit side in terms of their rating. Airlines typically are high fixed costs, so in times of trouble they don’t do well. However, all of them seem to have been doing well. If you do see a correction, airline stocks will come off quickly.

Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$0.620
Owned
No
PAST TOP PICK
PAST TOP PICK
August 13, 2014

(A Top Pick Aug 29/13. Up 91.33%.) The industry had gone through bankruptcy, and through that process had managed to rebalance their cost structures, notably their union contracts. They all got financial discipline finally and got pricing power.

(A Top Pick Aug 29/13. Up 91.33%.) The industry had gone through bankruptcy, and through that process had managed to rebalance their cost structures, notably their union contracts. They all got financial discipline finally and got pricing power.

John Wilson
CEO; Co-CIO & Sr Portfolio Manager, Sprott Asset Management
Price
$0.620
Owned
No
TOP PICK
TOP PICK
August 29, 2013

Up until two years ago the entire earnings of the industry was negative. AMR is the latest bankruptcy. Now they have consolidated. Margin is being helped by charges for checked baggage and changes.

Up until two years ago the entire earnings of the industry was negative. AMR is the latest bankruptcy. Now they have consolidated. Margin is being helped by charges for checked baggage and changes.

John Wilson
CEO; Co-CIO & Sr Portfolio Manager, Sprott Asset Management
Price
$0.620
Owned
Yes
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