Analysts See $1.90 EPS for Delta Air Lines, Inc. (DAL)

June 19, 2018 - By Linda Rogers

Delta Air Lines, Inc. (NYSE:DAL) LogoInvestors sentiment increased to 1.26 in Q1 2018. Its up 0.15, from 1.11 in 2017Q4. It is positive, as 56 investors sold Delta Air Lines, Inc. shares while 253 reduced holdings. 115 funds opened positions while 273 raised stakes. 569.91 million shares or 2.40% less from 583.95 million shares in 2017Q4 were reported.
Amalgamated State Bank invested in 81,479 shares. Cleararc Cap Incorporated has invested 0.14% in Delta Air Lines, Inc. (NYSE:DAL). Legal & General Grp Inc Public Lc reported 0.05% stake. Partnervest Advisory Limited Liability Company invested in 0.18% or 6,818 shares. 42,509 were accumulated by Hengehold Mgmt Ltd Liability. Glenmede Trust Na, Pennsylvania-based fund reported 38,215 shares. Atria Invs Limited Liability Com reported 22,236 shares stake. Cubist Systematic Strategies stated it has 0% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Wells Fargo And Mn has 0.09% invested in Delta Air Lines, Inc. (NYSE:DAL). 1,112 are owned by Smithfield Tru. Buckingham Cap Inc holds 0.62% or 54,339 shares in its portfolio. Bremer Natl Association holds 0.51% or 32,520 shares in its portfolio. Moreover, Founders Fin Securities Ltd Liability Corporation has 0.22% invested in Delta Air Lines, Inc. (NYSE:DAL) for 12,545 shares. Nuveen Asset Management Limited Liability Corp reported 84,562 shares. Lafayette has invested 0.24% in Delta Air Lines, Inc. (NYSE:DAL).

Since January 12, 2018, it had 1 insider purchase, and 8 sales for $10.14 million activity. Sear Steven M sold $556,873 worth of stock. Another trade for 25,000 shares valued at $1.38 million was made by Bastian Edward H on Friday, April 20. Another trade for 9,000 shares valued at $504,540 was made by West W Gilbert on Friday, February 2. BLAKE FRANCIS S had bought 3,350 shares worth $200,193. Shares for $1.43 million were sold by Smith Joanne D on Tuesday, January 16.

Analysts expect Delta Air Lines, Inc. (NYSE:DAL) to report $1.90 EPS on July, 12.They anticipate $0.26 EPS change or 15.85 % from last quarter’s $1.64 EPS. DAL’s profit would be $1.33B giving it 7.07 P/E if the $1.90 EPS is correct. After having $0.74 EPS previously, Delta Air Lines, Inc.’s analysts see 156.76 % EPS growth. The stock decreased 1.97% or $1.08 during the last trading session, reaching $53.72. About 3.97 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 10.85% since June 19, 2017 and is uptrending. It has underperformed by 1.72% the S&P500.

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

Among 9 analysts covering Delta Airlines (NYSE:DAL), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Airlines had 16 analyst reports since January 8, 2018 according to SRatingsIntel. The stock has “Buy” rating by Stephens on Monday, January 8. The rating was maintained by Morgan Stanley on Friday, April 20 with “Overweight”. The firm has “Buy” rating given on Thursday, April 5 by Stifel Nicolaus. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Monday, January 8 by Cowen & Co. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, January 10. Citigroup maintained Delta Air Lines, Inc. (NYSE:DAL) on Thursday, June 7 with “Buy” rating. The stock has “Buy” rating by Bernstein on Wednesday, January 10. Morgan Stanley maintained Delta Air Lines, Inc. (NYSE:DAL) on Friday, February 23 with “Overweight” rating. The rating was maintained by Stephens on Thursday, March 29 with “Buy”. The rating was maintained by Imperial Capital with “Buy” on Friday, January 12.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company has market cap of $37.54 billion. The firm operates through two divisions, Airline and Refinery. It has a 10.82 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.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Bizjournals.com which released: “Southwest, Delta respond to Dallas’ proposal to solve Love Field dispute” on June 14, 2018, also Fool.com with their article: “American Airlines Wants to Be More Like Delta — but It’s Not Doing It Right” published on May 31, 2018, Bizjournals.com published: “American Airlines’ regional carrier collapse felt as far as Chicago” on June 19, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Bizjournals.com and their article: “American Airlines settles antitrust suit for $45M, maintains it did nothing wrong” published on June 18, 2018 as well as Bizjournals.com‘s news article titled: “Delta to launch nonstop service between MSP and Seoul” with publication date: June 13, 2018.

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

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