Published: Fri, October 13, 2017
Markets | By Rosalie Gross

Delta Air Lines, Inc. (NYSE:DAL) Valuation According To Analysts

Recent Insider Trading for Delta Air Lines, Inc.

The following firms have recently changed their position in DAL. The company has its outstanding shares of 734.33M. State of Tennessee Treasury Department increased its stake in shares of Delta Air Lines by 78.0% during the 2nd quarter.

Looking at the stock's movement on the chart, Delta Air Lines, Inc. have shares float of 2.44%. It also upped Marsh & Mclennan Cos Inc (NYSE:MMC) stake by 10,100 shares and now owns 2.72 million shares. The stock went down -5.01% at some stage in past quarter. The Pitcairn Company holds 44,966 shares with $2.42M value, down from 53,346 last quarter.

The price to book ratio or market to book ratio for Delta Air Lines, Inc.

The stock increased 1.84% or $1.05 during the last trading session, reaching $58.2. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Delta Air Lines by 57.0% during the 2nd quarter. During the same quarter past year, the company earned $1.47 earnings per share. Primecap Management Co. CA lifted its stake in Delta Air Lines by 9.3% in the 1st quarter. Another trade for 26,131 shares valued at $1.32 million was made by West W Gilbert on Friday, May 26.

ShiftPixy a human capital management services provider. AQR Capital Management LLC now owns 9,571,378 shares of the transportation company's stock worth $439,900,000 after purchasing an additional 1,308,115 shares in the last quarter. (NYSE:DAL) has "Overweight" rating given on Thursday, February 4 by JP Morgan. The stock has a market capitalization of $36.98 billion, a P/E ratio of 9.37 and a beta of 0.75. For the most recent quarter, quick ratio was 0.40, current ratio was 0.40, LT Debt/Equity ratio was 0.59 and Total Debt/Equity ratio stands at 0.67, while Payout ratio is 16.00%. Shares are trading at $52.99 just above $48.51, the stock's 50 day moving average and slightly over the 200 day moving average of $49.42. (NYSE:DAL) for 13,592 shares. The transportation company reported $0.77 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.73 by $0.04. Atlantic Securities began coverage on shares of Delta Air Lines in a research note on Tuesday, June 20th. Normalized CASM-Ex, including profit sharing increased 2.6 percent versus the prior year period, driven by employee wage increases, product investments, and accelerated depreciation associated with Delta's narrowbody fleet initiatives. They expect $-0.10 earnings per share, down 11.11% or $0.01 from last year's $-0.09 per share. About shares traded. Delta Air Lines, Inc. Stockholders of record on Friday, May 19th will be paid a $0.2025 dividend.

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On 2/10/2017 announced a quarterly dividend of $0.20 1.62% with an ex dividend date of 2/22/2017 which will be payable on 2/24/2017. (NYSE:DAL). Massmutual Trust Communications Fsb Adv has invested 0% in Delta Air Lines, Inc. The Volatility 3m of Delta Air Lines, Inc.

How has the stock performed recently? Tompkins Financial Corp bought a new stake in Delta Air Lines during the first quarter valued at about $107,000. Imperial Capital maintained it with "Hold" rating and $5400 target in Tuesday, July 11 report. On July 14 Morgan Stanley maintained a company rating of "Buy" and moved up the price target to $62.00 from $59.00.

The mechanics of the TradeMachine™ are that it uses end of day prices for every back-test entry and exit (every trigger). The stock presently has a consensus rating of "Buy" and a consensus target price of $61.91.

Analysts have a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). A 0.7% change after the initial price of $53.38, sent the closing price to $53.07.

In other news, EVP Joanne D. Smith sold 3,700 shares of the firm's stock in a transaction on Wednesday, July 19th. The total value of its holdings decreased 72.2%. About 22 shares traded. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director George N. Mattson bought 6,000 shares of the business's stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $55.26, for a total transaction of $276,300.00. The disclosure for this purchase can be found here.

Since January 1, 0001, it had 1 insider buy, and 0 selling transactions for $37,935 activity. The 20-day Stochastic %k measure, which sits at 86.93%, tells a different story, and suggests that DAL now trades in overbought territory. If you are viewing this report on another site, it was stolen and reposted in violation of United States and global trademark and copyright law. If you are accessing this news story on another website, it was copied illegally and republished in violation of USA and global trademark and copyright legislation.

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