Calamos Advisors LLC Raises Position in Delta Air Lines, Inc. (DAL)

DAL has been the subject of a number of recent research reports.

Turning to Delta Air Lines, Inc.

After months of consideration, Delta Air Lines announced Thursday that it will offer free meals to all passengers on a handful of transcontinental routes beginning next month. The stock has an operating margin of 17.50% and a net profit margin of 11.00% This appreciation has taken its price 58.55% above the 52-week low.

The profit sharing is on top of the 6% raise Delta employees will receive in April. Finally, J P Morgan Chase & Co reiterated a "buy" rating on shares of Delta Air Lines in a report on Tuesday, November 8th. (NYSE:DAL) to Buy with a price target of $54. 1 Analysts reported that the Price Target for Delta Air Lines, Inc. might touch $0.4 high while the Average Price Target and Low price Target is $0.4 and $0.4 respectively. (NYSE:DAL) established that the company was able to keep return on investment at 12.21 in the trailing twelve month while Reuters data showed that industry's average stands at 3.69 and sector's optimum level is 5.90.

The stock's 50 day moving average is 49.48 and its 200 day moving average is 43.83. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.92 as compared to the next year Q1 current trend of $1.62. The mean forecast was for $9.41 billion and $0.82 a share, respectively. The business earned $9.46 billion during the quarter, compared to analysts' expectations of $9.40 billion. (NYSE:DAL) has a Return on Assets of 8.4 percent, Return on Equity of 36.6 percent, while Return on Investment of 23.9 percent.




Delta Air Lines, Inc. will next provide financial results for the March 2017 quarter. The 1 year EPS growth rate is -283.60%.

Ally Financial Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares now sold short amount to at least 3.26% of shares outstanding. The ex-dividend date of this dividend is Wednesday, February 22nd. This represents a $0.81 annualized dividend and a yield of 1.62%.

11/07/2016 - Delta Air Lines, Inc. had its " rating reiterated by analysts at Credit Suisse. In the last quarter, insiders have bought 21,000 shares of company stock valued at $50,840 and have sold 136,641 shares valued at $6,859,083.

The Stock gained 0.6% and closed its last trading session at $5. Sumitomo Mitsui Asset Management Company LTD now owns 18,945 shares of the company's stock valued at $690,000 after buying an additional 79 shares during the period. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

The US$1.1 billion payment is part of the company's profit sharing programme, through which employees "share in the succes they create together through hard work and a focus on the customer". The company's shares performance for the last one month was -2.05% and 3.33% in the previous week. The disclosure for this sale can be found here. The firm's revenue for the quarter was down.5% compared to the same quarter a year ago.

 

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