Blue-chip stocks of the day: Delta Air Lines, Inc. (NYSE : DAL)
- Author: Arturo Norris Mar 15, 2017,
Mar 15, 2017, 22:38
MGM Resorts International (MGM) recently recorded 1.76 percent change and now at $25.95 is 29.4 percent away from its 52-week low and down -14.89 percent versus its peak. Delta Air Lines's dividend payout ratio is 14.04%. Shares plunged -2.26% to trade at $46.28 in recent trading session. Finally, Mason Street Advisors LLC purchased a new stake in shares of Delta Air Lines during the second quarter valued at $3,786,000. The stock is a Buy among 3 brokerage firms polled by Factset Research.
Delta Air Lines, Inc.
In other Delta Air Lines news, CEO Edward H. Bastian sold 103,000 shares of the stock in a transaction on Wednesday, December 21st.
Delta Air Lines, Inc. has a 52 week low of $32.60 and a 52 week high of $52.76. (NYSE:DAL) has tumbled 4.43% during the past week and has dropped 2.74% in the last 4 week period. The volume of 6.97 Million shares climbed down over an trading activity of 7.67 Million shares.
With these kinds of figures it is worthy to note that Delta Air Lines, Inc. Its sales stood at 4.10% a year on average in the period of last five years. Company's distance from 20 day simple moving average is -6.80% and distance from 50-Day simple moving average is -6.31%.
HP Inc. (NYSE:HPQ) last announced results for quarter ended on 31 Jan 2017, disclosing EPS of $0.38 The reported earnings per share topped the analyst's consensus by $0.01 with the percentage difference between estimated and actual earnings arriving at 2.70%.
Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $1.59 and on annual basis FY 2016 estimate trends at current was for $5.11 as compared to one month ago of $5.23, and for next year per share earnings estimates have $5.71.
In case of Revenue Estimates, 10 analysts have provided their consensus Average Revenue Estimates for Delta Air Lines, Inc.as 9.23 Billion. The companys revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 EPS. During the same quarter in the prior year, the business posted $1.18 earnings per share. Investors of record on Friday, February 24th will be paid a dividend of $0.2025 per share. This represents a $0.81 annualized dividend and a yield of 1.75%.
A number of large investors have recently bought and sold shares of DAL. The stock has an operating margin of 7.10% and a net profit margin of 5.20% This appreciation has taken its price 61.60% above the 52-week low.
10/05/2016 - Delta Air Lines, Inc. had its "buy" rating reiterated by analysts at Buckingham Research. Finally, Sanford C. Bernstein raised shares of Delta Air Lines from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $57.00 to $61.00 in a report on Monday, February 6th. Recently, analysts have updated the overall rating to 1.6. Stock has got OUTPERFORM rating from 4 analysts of Thomson Reuters, 2 analysts given HOLD rating to the stock. Following the sale, the chief financial officer now owns 386,070 shares of the company's stock, valued at $19,338,246.30. The shares were purchased at an average cost of $49.04 per share, with a total value of $49,040.00. Analysts mean target price for Alkermes plc (NASDAQ:ALKS) is $63.92 while their mean recommendation is 2.30 (1=Buy, 5=sell). The disclosure for this sale can be found here. In the last three months, insiders have acquired 56,000 shares of company stock valued at $53,840 and have sold 211,387 shares valued at $10,656,499. Corporate insiders own 0.75% of the company's stock. The Company's segments include Airline and Refinery. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.