Short Term Outlook For Delta Air Lines, Inc. (NYSE:DAL)


Delta Air Lines, Inc. (NYSE:DAL) closed its last session at $52.2. The stock traded within a range of $51.75 and $52.58. The company operates in the Industrials sector with a market capitalization of 37.78 Million. Trading volume for Delta Air Lines, Inc. was 7.74 Million in its previous trading session. Currently, Delta Air Lines, Inc. (NYSE:DAL) has an average volume of 8.43 Million.

Company Profile

Delta Air Lines, Inc. is a major American airline with its headquarters on the northern boundary of Hartsfield-Jackson Atlanta International Airport, within the city limits of Atlanta. Delta started operation by crop dusting and flying mail and then introduced passenger service.  Delta’s business is focused on making global connections, flying people and cargo throughout the United States and around the world. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta Air Lines and the Delta Connection carriers offer service to nearly 370 destinations on six continents.  Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic.

Analyst Views

Delta Air Lines, Inc. (NYSE:DAL) received a Buy rating from 6 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Delta Air Lines, Inc. (NYSE:DAL) touched its 1-Year High price of $60.79 on 01/16/18 and its 1-Year Low price of $43.81 on 04/13/17.

EPS & Financials

Delta Air Lines, Inc. (NYSE:DAL) reported its EPS in the last quarter as $0.96/Share beating the analyst estimate of $0.88/Share by a difference of $0.08. This showed a surprise of 9.1% in the last quarter earnings.

For the current quarter, 14 analysts are projecting a mean EPS of $0.75/share. According to their observations and findings, the stock could provide a high EPS of $0.8/share and a low EPS of $0.7/share.

Analysts believe that the company has the potential to earn average revenue of $9.77 Billion for the current quarter. According to their predictions high & low revenue estimates are 9.83 Billion and 9.72 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Delta Air Lines, Inc. (NYSE:DAL) has a 20-Day average volume of 10.15 Million. According to today’s trading volume Delta Air Lines, Inc. is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.2 Percent and Institutional ownership of 88.2 Percent. The return on assets stands at 7.2%, Return on Equity currently is 28.1% and the Return on Investment value is 23.9%.

Delta Air Lines, Inc. (NYSE:DAL) gross margin percentage stands at 53% while its operating margin for the past trailing twelve month is 14.7 percent and its overall profit margin (ttm) is 9 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -6.05% with a 50-Day Simple Moving Average of -5.85 percent. As of today, the company has a SMA200 (200-day simple moving average) of 1.03 Percent. The Stock has YTD (year to date) performance of -6.79 percent.

The TTM operating margin for the company stands at 14.7%. The return on invested capital is at 23.9%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 14.89.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 1.03%, and has a solid year to date (YTD) performance of -6.79% which means that the stock is constantly adding to its value from the previous fiscal year end price.