Delta Air Lines, Inc. (NYSE:DAL) registered a -2.36% decrease, still its new closing price is 54.00% up from the company’s 1 year high of 52.76.It posted -1.58% losses in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 16 stock analysts following this company have an average price target at $0.40, with individual PT in the $0.40-$0.40 range. The shares moved at $49.70, implying that brokerage firms see shares gaining about 16.96% in twelve months time.
Delta Air Lines, Inc. (DAL) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 1.04% rise year to date. A Director at Delta Air Lines, Inc. (DAL) acquired shares in a transaction closed on Monday January 23, 2017. Ralph Douglas R bought 1,000 shares in the company at $49.04 each and collected $49,000 in proceeds. Ralph Douglas R now owns 1,000 shares in the company after this transaction. A CEO in the company, Bastian Edward H, disclosed a transaction on Wednesday December 21, 2016 that ended up generating $5,229,000 from the sale of 103,000 shares at $50.77 per share.
Delta Air Lines, Inc. (NYSE:DAL) Upcoming Results on Tap
Delta Air Lines, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.92 in that period. Sales during the quarter are predicted to arrive at $9.33 billion.
Earnings surprise history: Last quarter, the company posted approximately $9.46 billion in revenue and EPS of $0.82. The mean forecast was for $9.41 billion and $0.82 a share, respectively. One quarter earlier, revenue for the stock was at $10.48 billion, with earnings at $1.70/share.
Delta Air Lines, Inc. (DAL) Brokerage Update
Delta Air Lines, Inc. (DAL) is in Deutsche Bank’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Deutsche Bank, according to news reported on Friday April 01, 2016.Another important research note was issued by Deutsche Bank on Tuesday September 01, 2015.The firm upgraded DAL to Buy from Hold. Over the last six months and over the last three months, the shares of Delta Air Lines, Inc. (DAL), have changed 27.55% and 20.60%, respectively.