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.
DAL was given price targets by several analysts. The most optimistic price target was 80, which equates to a potential upside of 58.95 percent. The most pessimistic analyst gave a price target of 54, implying potential capital losses of 7.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.59 percent. That number becomes 8.51 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 3.4 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.93 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 5 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 9 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
DAL has an estimated earnings growth rate of 9.87 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. DAL has a PEG ratio of 1.02.
DAL has traded between a high of 55.75 and a low of 35.84 over the past year. 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 stock has a market capitalization of $36.26 billion. DAL's next earnings release will be on 0000-00-00, which is days away.