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.
A number of analysts gave price targets for DAL. The highest price target was 80, implying potential capital gains of 58.95 percent. The most pessimistic price target was 54, implying potential capital losses of 7.29 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.59 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 8.51 percent. 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. Over the same time period, 9 analysts revised their FY earnings estimates upwards, 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. Wall Street investors typically prefer a PEG ratio to be smaller than 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 trailing 52-weeks, DAL hit 55.75 at the highest peak, while it's lowest trading point was 35.84. Currently the stock is 40.43 percent higher than its low, and 9.72 percent below the high. DAL has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.