Analyst Ratings for Delta Air Lines Inc. (DAL)Updated: 2017-07-28
Analysts covering Delta Air Lines Inc. (NYSE:DAL) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for DAL last month.
Of the 19 analysts covering the stock, 13 gave it a buy rating, 3 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for DAL by the analysts covering the stock. The highest price target was 80, which equates to a potential upside of 58.95 percent. The lowest price target was 54, implying potential capital losses of 7.29 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.59 percent on average, compared to last month. That number becomes 8.51 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 3.4 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.93 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 5 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of DAL's earnings is estimated by analysts to be 9.87 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of DAL is 1.02.
In the last 52-weeks, DAL has achieved a high of 55.75 and a low of 35.84. Currently the stock is 40.43 percent higher than its low, and 9.72 percent lower than its 52-week high. DAL has a P/E ratio of 10.02. Investors typically compare the P/E ratio to a company's peers in the industry. The DAL value stock report compares DAL to some of its peers using value stock charts. The market cap of DAL is $36.26 billion. DAL's next earnings release will be on 0000-00-00, which is days away.