Ratings for Delta Air Lines DAL were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 2 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $62.75, along with a high estimate of $85.00 and a low estimate of $53.00. Observing a 8.19% increase, the current average has risen from the previous average price target of $58.00.
Deciphering Analyst Ratings: An In-Depth Analysis
The analysis of recent analyst actions sheds light on the perception of Delta Air Lines by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Christopher Stathoulopoulos | Susquehanna | Raises | Positive | $54.00 | $47.00 |
Andrew Didora | B of A Securities | Raises | Buy | $53.00 | $50.00 |
Ravi Shanker | Morgan Stanley | Raises | Overweight | $85.00 | $77.00 |
Atul Maheswari | UBS | Announces | Buy | $59.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Delta Air Lines. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Delta Air Lines compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Delta Air Lines's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Delta Air Lines's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Delta Air Lines analyst ratings.
About Delta Air Lines
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul.
Understanding the Numbers: Delta Air Lines's Finances
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Delta Air Lines showcased positive performance, achieving a revenue growth rate of 5.87% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Delta Air Lines's net margin excels beyond industry benchmarks, reaching 14.32%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Delta Air Lines's ROE excels beyond industry benchmarks, reaching 20.04%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Delta Air Lines's ROA excels beyond industry benchmarks, reaching 2.77%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 2.46, Delta Air Lines adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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