Delta Air Lines (DAL) stocks show consistent performance, with a decrease of 0.74% but still gaining on a larger scale. The company’s stock is highly favored by institutional owners, holding 76% of the company. Morgan Stanley supports DAL as their top airline stock pick. Financial forecasts suggest
DAL’s price per share may increase to $72.80, 17-26% higher than the current value. Quarterly financial results indicate stable earnings and revenue growth, which aligns with projections. The company's Expected Performance System (EPS) surged due to increased domestic and international travel. Operating efficiency improvement is a key objective for DAL.
Joanne Smith, EVP and Chief People Officer, sold her shares, while director Willie Chiang acquired 10,000 shares.
HSBC started covering DAL with a buy recommendation. The stock dipped more than the broader market but still shows potential for being a long-term value stock. The significant rise in travel demand is predicted to benefit DAL. DAL was named the top pick at Morgan Stanley, and market declines surprisingly increased DAL shares. The company's Q1 2024 earnings exceeded estimates and surpassed market returns. Overall, DAL shows promise as a top value stock in the long term.
Delta Air Lines DAL News Analytics from Thu, 12 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 21:45:08 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
