Delta Air Lines Inc (NYSE:DAL) Sentiment Report

Delta Air Lines, Inc. (NYSE:DAL) Logo

Sentiment for Delta Air Lines Inc (NYSE:DAL)

Delta Air Lines Inc (NYSE:DAL) institutional sentiment decreased to 0.92 in 2019 Q2. Its down -0.11, from 1.03 in 2019Q1. The ratio has dropped, as 317 investment professionals increased and opened new stock positions, while 343 sold and decreased holdings in Delta Air Lines Inc. The investment professionals in our partner’s database now possess: 522.18 million shares, down from 533.71 million shares in 2019Q1. Also, the number of investment professionals holding Delta Air Lines Inc in their top 10 stock positions increased from 25 to 31 for an increase of 6. Sold All: 47 Reduced: 296 Increased: 217 New Position: 100.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company has market cap of $39.02 billion. The firm operates through two divisions, Airline and Refinery. It has a 8.95 P/E ratio. The Company’s route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

The stock increased 0.96% or $0.57 during the last trading session, reaching $60.01. About 4.14M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 13.48% since September 13, 2018 and is uptrending. It has outperformed by 13.48% the S&P500.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on October, 10. They expect $2.26 EPS, up 25.56 % or $0.46 from last year’s $1.8 per share. DAL’s profit will be $1.47 billion for 6.64 P/E if the $2.26 EPS becomes a reality. After $2.35 actual EPS reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts -3.83 % negative EPS growth.

Lansdowne Partners (Uk) Llp holds 25.02% of its portfolio in Delta Air Lines, Inc. for 17.97 million shares. Cyrus Capital Partners L.P. owns 1.91 million shares or 12.93% of their US portfolio. Moreover, Par Capital Management Inc has 9.4% invested in the company for 9.89 million shares. The New York-based Stelliam Investment Management Lp has invested 7.69% in the stock. Terril Brothers Inc., a Missouri-based fund reported 354,330 shares.

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

Ratings analysis reveals 100% of Delta Air Lines’s analysts are positive. Out of 6 Wall Street analysts rating Delta Air Lines, 6 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $6100 while the high is $85. The stock’s average target of $70.71 is 17.83% above today’s ($60.01) share price. DAL was included in 9 notes of analysts from April 3, 2019. The firm has “Buy” rating by Buckingham Research given on Wednesday, April 3. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Outperform” rating by Raymond James on Thursday, April 11. The firm has “Buy” rating given on Thursday, April 11 by Citigroup. Stifel Nicolaus maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Wednesday, April 3. Stifel Nicolaus has “Buy” rating and $85 target. Credit Suisse maintained Delta Air Lines, Inc. (NYSE:DAL) on Thursday, April 11 with “Outperform” rating.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Benzinga.com which released: “Airliners Giving Mixed Guidance: United, Delta Reaffirm, JetBlue Warns – Benzinga” on September 04, 2019, also Finance.Yahoo.com with their article: “Airline Stock Roundup: SAVE, JBLU’s Bearish Q3 Views, DAL’s Traffic Report & More – Yahoo Finance” published on September 10, 2019, Seekingalpha.com published: “Delta on watch after positive outlook – Seeking Alpha” on September 04, 2019. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Seekingalpha.com and their article: “Berenberg sees value in Delta and American Airlines – Seeking Alpha” published on September 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Buffett’s Airline Bets: What’s the Record 3 Years In? – Yahoo Finance” with publication date: September 06, 2019.

Delta Air Lines, Inc. (NYSE:DAL) Institutional Positions Chart

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