|Bid||0.00 x 800|
|Ask||53.80 x 3000|
|Day's range||52.85 - 54.73|
|52-week range||48.52 - 61.32|
|Beta (3Y monthly)||1.08|
|PE ratio (TTM)||10.54|
|Earnings date||9 Jan 2019 - 14 Jan 2019|
|Forward dividend & yield||1.40 (2.61%)|
|1y target est||69.79|
S&P 500 companies are poised to deliver a 22% gain in earnings this year, leaving the benchmark index trading at 15 times forward earnings. For investors looking to next year, an important issue is whether to go with defensive stocks (utilities, real estate investment trusts, health-care companies, and consumer staples), economically sensitive issues (banks, retailers, and industrials), or growth stocks (mostly in technology). Value managers see some of the best opportunities in years, and most of our stock picks trade for 10 times forward earnings or less.
With a market capitalization of $36.6 billion, Delta Air Lines (DAL) is the largest airline company in the United States. Disciplined capacity enhancement, efficient cost management, and a low fuel price environment helped Delta grow its profitability in the last few years.
Analysts covering Delta Air Lines (DAL) stock expect the company’s fourth-quarter 2018 results to continue benefiting from a robust travel demand environment. Three consecutive quarters of better-than-expected results supported analysts’ confidence in Delta stock.
Delta Air Lines stock (DAL) plunged 4.9% on December 13 after the company’s 2019 earnings and revenues outlook fell short of analysts’ expectations. The company provided updates on its 2019 outlook during a meeting with investors. For 2019, the US air carrier expects EPS between $6 and $7 (midpoint $6.50). Although at the midpoint, the earnings forecast signifies strong ~20% growth from the 2018 expected EPS of $5.59, it fell short of the Wall Street analysts’ consensus estimate of $6.69.
Markets closed mostly lower on Thursday, with stocks moving in and out of positive territory, as investors continued to worry over the lack of clarity and progress in U.S.-China trade talks.
Stocks that moved substantially or traded heavily Thursday: CVS Health Corp., down $1.13 to $73.37 The New York Post reported that a judge might bar CVS from integrating its business with health insurer ...
The major market indexes were lower after giving up early gains. The Dow was holding up best, thanks to several stocks including Procter & Gamble and Apple.
Delta Air Lines said Thursday that its profit will rise next year but not as much as Wall Street expected, and that helped push airline stocks lower. Forecasts of slower global economic growth are weighing on airlines because a slowdown would likely hurt demand for travel, which has been strong throughout 2018. Delta's forecast also demonstrated how volatile fuel prices can whipsaw airlines, sometimes in ways that aren't obvious.
Delta’s slipping after releasing guidance, Procter & Gamble gains on an upgrade. Ciena, Five Below and Galapagos are also in play.
Delta fell 4.7 per cent to hit a six-week low of $53.60 after the country’s second-largest carrier by revenue said it expects 2019 fiscal earnings to come in at between $6 to $7 per diluted share. Some in the market had hoped the carrier would issue a more bullish outlook given the recent pullback in crude prices. Oil has tumbled nearly 30 per cent since hitting a four-year high in late October, providing Delta and other carriers with a much needed respite from mounting fuel costs.
Decline in load factor at the likes of Southwest Airlines (LUV), Allegiant (ALGT) and Hawaiian Airlines does not bode well for the entire airline industry.
In the latest trading session, Delta Air Lines (DAL) closed at $55.89, marking a -0.76% move from the previous day.
Disciplined capacity additions along with promotional offers and marketing strategies to drive traffic helped United Continental (UAL) improve its utilization rate or load factor. In November, the company’s load factor expanded by 120 basis points YoY (year-over-year) to 83%.
On December 10, United Continental (UAL) reported its operating performance for November. The traffic (revenue passenger miles) growth rate exceeded the capacity (available seat miles) growth rate. In November, the company’s traffic grew 7.1% YoY (year-over-year)—much higher than its capacity growth of 5.5% during the same period in 2017. United Continental’s traffic growth has exceeded the capacity growth for seven consecutive months. In the first 11 months of 2018, United Continental reported a higher traffic growth rate compared to the capacity growth in every month except January and ...
Delta (DAL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Delta (DAL) aims to attract additional traffic by adding new flights from Boston. However, it will face intense competition on the new routes.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Delta Air Lines, Inc. (NYSE:DAL) a safer option. Doing business globally, large caps tend to Read More...
Delta Air Lines and JetBlue Airways will both get access to additional gates in Boston next year, which will intensify the rivalry between the two carriers in this key metro area.
ATLANTA (AP) — If you're planning a flight longer than eight hours, Delta Air Lines says you can't bring an emotional-support animal with you.
Microsoft president Brad Smith is calling on the federal government to step in and pass laws to prevent the abuse of facial recognition technologies.