Analysts' ratings for Delta Air Lines DAL over the last quarter vary from bullish to bearish, as provided by 9 analysts.
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 | 5 | 4 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 4 | 4 | 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 $64.31, along with a high estimate of $85.00 and a low estimate of $53.00. Observing a 8.21% increase, the current average has risen from the previous average price target of $59.43.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive Delta Air Lines. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Achal Kumar | HSBC | Announces | Buy | $72.80 | - |
| Ravi Shanker | Morgan Stanley | Maintains | Overweight | $85.00 | $85.00 |
| Christopher Stathoulopoulos | Susquehanna | Raises | Positive | $55.00 | $54.00 |
| Andrew Didora | B of A Securities | Raises | Buy | $55.00 | $53.00 |
| Michael Linenberg | Deutsche Bank | Raises | Buy | $60.00 | $50.00 |
| 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: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Delta Air Lines. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Delta Air Lines compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Delta Air Lines's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Delta Air Lines's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Delta Air Lines analyst ratings.
Discovering Delta Air Lines: A Closer Look
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. Delta has historically earned the greatest portion of its international revenue and profits from flying passengers over the Atlantic Ocean.
Unraveling the Financial Story of Delta Air Lines
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Delta Air Lines's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 7.75%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Delta Air Lines's net margin is impressive, surpassing industry averages. With a net margin of 0.27%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 0.33%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Delta Air Lines's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.05% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Delta Air Lines's debt-to-equity ratio is below the industry average. With a ratio of 2.36, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
