Delta Air Lines, Inc. (DAL) Analysts See $1.58 EPS

June 20, 2017 - By Louis Casey

 Delta Air Lines, Inc. (DAL) Analysts See $1.58 EPS
Investors sentiment decreased to 0.73 in Q4 2016. Its down 0.01, from 0.74 in 2016Q3. It dived, as 68 investors sold Delta Air Lines, Inc. shares while 333 reduced holdings. 106 funds opened positions while 185 raised stakes. 621.67 million shares or 4.90% more from 592.62 million shares in 2016Q3 were reported.
Co Natl Bank has invested 0.02% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Comerica State Bank has invested 0.08% in Delta Air Lines, Inc. (NYSE:DAL). Lansdowne Partners (Uk) Llp holds 26.19 million shares. Parkwood Limited Liability Company has 0.44% invested in Delta Air Lines, Inc. (NYSE:DAL). First Heartland Consultants Incorporated has invested 0.2% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 0.17% stake. Strs Ohio has 2.11M shares. Loews invested in 0.01% or 14,510 shares. National Bank Of America De owns 5.41M shares or 0.06% of their US portfolio. Fiduciary Trust Com reported 10,506 shares stake. Hl Fincl Services Ltd Liability Corp stated it has 63,834 shares or 0.07% of all its holdings. Wetherby Asset Mngmt invested 0.06% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Wesbanco State Bank stated it has 50,366 shares or 0.14% of all its holdings. Parkside Savings Bank Trust owns 263 shares. Suntrust Banks Inc accumulated 530,370 shares.

Since December 21, 2016, it had 1 buying transaction, and 7 selling transactions for $7.95 million activity. Another trade for 20,100 shares valued at $1.01M was sold by Jacobson Paul A. Ralph Douglas R bought 1,000 shares worth $49,036. $2.22M worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by HAUENSTEIN GLEN W. The insider West W Gilbert sold 15,600 shares worth $800,155. Bastian Edward H had sold 103,000 shares worth $5.23 million on Wednesday, December 21.

Investors wait Delta Air Lines, Inc. (NYSE:DAL) to report on July, 13. its quarterly earnings Wall Street analysts expect $1.58 EPS, up $0.11 or 7.48 % from last year’s $1.47 same quarter earnings. This translates into $1.17 billion profit for DAL giving the stock a 8.26 P/E. This is assuming the current $1.58 EPS is accurate. Delta Air Lines, Inc.’s Wall Street analysts see 105.19 % EPS growth, taking into account the $0.77 EPS reproted in the previous quarter, About 1.61M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since June 20, 2016 and is uptrending. It has underperformed by 4.87% the S&P500.

Delta Air Lines, Inc. (NYSE:DAL) Ratings Coverage

Among 16 analysts covering Delta Air Lines (NYSE:DAL), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Delta Air Lines had 39 analyst reports since August 3, 2015 according to SRatingsIntel. Stephens initiated the shares of DAL in report on Tuesday, March 29 with “Overweight” rating. The rating was maintained by Deutsche Bank on Monday, October 5 with “Buy”. JP Morgan maintained it with “Overweight” rating and $66 target in Thursday, February 4 report. Credit Suisse maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Tuesday, April 12. Credit Suisse has “Outperform” rating and $59 target. The firm has “Buy” rating by Argus Research given on Wednesday, January 13. As per Wednesday, July 6, the company rating was maintained by Credit Suisse. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Overweight” rating by Morgan Stanley on Thursday, April 28. Deutsche Bank upgraded Delta Air Lines, Inc. (NYSE:DAL) rating on Tuesday, September 1. Deutsche Bank has “Buy” rating and $50 target. The firm earned “Buy” rating on Monday, May 29 by Stifel Nicolaus. The stock has “In-Line” rating by Imperial Capital on Tuesday, November 22.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The company has market cap of $38.81 billion. The Company’s divisions include Airline and Refinery. It has a 9.69 P/E ratio. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Bloomberg.com which released: “United Orders 100 of Newest Boeing Jet, Delta Chooses Airbus” on June 20, 2017, also Bizjournals.com with their article: “​Delta tests facial recognition in Atlanta, New York to aid US Customs and …” published on June 13, 2017, Seekingalpha.com published: “Delta Air Lines, Inc.: Dividend Stock Analysis” on June 08, 2017. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Nasdaq.com and their article: “Why You Should Retain Delta Airlines (DAL) Stock for Now” published on June 15, 2017 as well as Barrons.com‘s news article titled: “Delta Air Lines: Don’t Lose Your Composure” with publication date: June 06, 2017.

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