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Delta Air Lines Corp is a well-established airline company with a stock symbol of DAL.
The stock symbol DAL represents the company's common stock, which is listed on the New York Stock Exchange (NYSE).
Delta Air Lines Corp is one of the largest airlines in the world, operating a vast network of routes and flights.
Its stock has been publicly traded since 1972, giving investors a chance to own a piece of the company.
Financial Analysis
Delta Air Lines Corp has seen significant financial growth in recent years. In 2023, their revenue reached $58.05 billion, a 14.76% increase from the previous year.
Their earnings also experienced a substantial boost, rising by 249.70% to $4.61 billion. This impressive growth is a testament to the company's ability to adapt and thrive in a competitive market.
Here's a breakdown of Delta Air Lines' financial performance:
Delta Air Lines' earnings waterfall also provides insight into their financial operations. The breakdown shows that their revenue is comprised of various components, including cost of revenue, gross profit, operating expenses, and net income.
Price Volatility
Delta Air Lines has a relatively stable share price, with a 1 month change of -6.96% and a 3 month change of 18.61%. Its 52 week high is $67.50, while its 52 week low is $36.34.
The company's beta is 1.36, indicating a moderate level of risk compared to the overall market. In comparison, the Airlines Industry Average Movement is 7.7%, which is higher than Delta's average weekly movement of 4.8%.
Delta's weekly volatility has been stable over the past year, with a volatility of 5%. This is lower than the 10% most volatile stocks in the US Market, which have an average weekly movement of 18.6%.
Here's a comparison of Delta's volatility with the US Market and the Airlines Industry:
Delta has not had significant price volatility in the past 3 months compared to the US market.
Earnings Preview: Holiday Season
Delta Air Lines is set to report its Q4 earnings on Friday, with expectations of revenue growth between 2-4%. The airline's Q4 earnings will be a significant indicator of its performance during the holiday season.
The holiday season is a critical period for airlines like Delta, as it's a time when many people travel for vacations and holidays. Revenue growth between 2-4% is a relatively modest expectation, suggesting that the airline is being cautious in its projections.
Delta's mixed track record in meeting revenue and EPS estimates is a concern for investors, but the holiday season can be a time of strong demand for air travel.
Assessing Smart Money's Potential Earnings
In 2023, Delta Air Lines saw a significant revenue increase of 14.76% to $58.05 billion.
Delta Air Lines's earnings were $4.61 billion, an increase of 249.70% in 2023.
Expectations for the Q4 earnings report included revenue growth between 2-4% and EPS between $1.60-$1.85.
Delta Air Lines's revenue for Q4 was expected to grow between 2-4%, a relatively modest increase.
The company's mixed track record in meeting revenue and EPS estimates suggests that investors should be cautious.
Delta Air Lines's revenue in 2023 was $58.05 billion, a significant increase from the previous year's $50.58 billion.
Here's a breakdown of Delta Air Lines's earnings waterfall:
Delta Air Lines's net income was $4.7 billion, a result of the company's operating income of $5.6 billion and other expenses of $949 million.
Balance Sheet Decomposition
Delta Air Lines Inc has a total of $11.1B in current assets, which is a significant portion of its overall assets.
Breaking down current assets, we see that $4B is held in cash and short-term investments, providing a readily available source of funds for the company.
Receivables account for $3.6B of current assets, which is a substantial amount of money owed to Delta by its customers.
Other current assets, such as inventory and prepaid expenses, total $3.5B.
In contrast, non-current assets make up a larger portion of Delta's assets, with a total of $64.3B.
Long-term investments, which include stocks and bonds held by the company, amount to $3.3B.
Property, Plant, and Equipment (PP&E) is a significant non-current asset, totaling $43.5B.
Intangible assets, such as patents and trademarks, are valued at $15.7B.
Other non-current assets, including investments in joint ventures and other entities, total $1.8B.
Delta's current liabilities total $28.1B, which is a substantial amount of debt that must be paid in the short term.
Accounts payable, which is money owed to suppliers, amount to $4.5B.
Accrued liabilities, which include unpaid taxes and wages, total $6.7B.
Other current liabilities, including taxes and interest payable, amount to $16.8B.
Delta's non-current liabilities, including long-term debt and other obligations, total $33.6B.
Long-term debt, which is debt that must be repaid in more than a year, amounts to $14.4B.
Other non-current liabilities, including pension and other post-retirement benefits, total $19.2B.
Here's a breakdown of Delta's current and non-current assets and liabilities:
Earnings and Outlook
Delta Air Lines Corp is expected to report its Q4 earnings on Friday, with analysts predicting revenue growth between 2-4% and EPS between $1.60-$1.85. This is based on a mixed track record of meeting revenue and EPS estimates.
Analysts are optimistic about Delta's prospects, with the average rating for DAL stock being "Strong Buy". They forecast a 12-month stock price of $74.63, representing a 24.30% increase from the latest price.
The company's Q4 earnings will be closely watched, with expectations of revenue growth and adjusted profit increases. This will be a key indicator of Delta's performance during the holiday season.
Delta's earnings waterfall shows a net income of $4.7B, with a gross profit of $30B and operating income of $5.6B. This demonstrates the company's ability to generate significant revenue and profits.
Here's a breakdown of Delta's earnings waterfall:
Overall, Delta's earnings and outlook are looking positive, with analysts predicting strong revenue growth and increased profits.
Investment Opportunity
Delta Air Lines Corp stock symbol offers an attractive investment opportunity, with a P/E ratio of 8.7, significantly lower than its competitors like United Airlines. This undervaluation makes it a strong buy.
Delta's financial strength is evident, with a 40.7% Return on Equity. This indicates a solid foundation for growth.
Delta Air Lines stock price has risen by over 57% this year, outperforming its peers. This impressive growth demonstrates the company's resilience and adaptability.
Here's a summary of Delta's fundamental analysis scores:
Earnings are forecast to grow 3.91% per year, providing a stable foundation for investors.
Travel and Customer
Delta Air Lines Corp has a strong presence in the travel industry, and its customer service is a key aspect of its success. Delta offers a wide range of travel options, including flights, hotels, and car rentals.
One of the ways Delta stands out is through its loyalty program, SkyMiles, which rewards customers for their repeat business. This program has been successful in retaining customers and encouraging repeat bookings.
Delta also offers a variety of amenities to make travel more comfortable, such as in-flight entertainment and Wi-Fi.
Thanksgiving Travel Set to Break Records
Thanksgiving travel is expected to break records this year, and airline stocks are getting a boost from the increased demand.
Airline stocks have been on the rise, with a significant increase in recent weeks following Donald Trump's election win.
This surge in airline stocks is likely due to the anticipated large number of travelers heading out for Thanksgiving, which is expected to put a strain on the airline industry.
Airline stocks have been flying high this year, giving investors a reason to be optimistic about the future of the industry.
The increased demand for air travel is a clear indication that people are eager to get away for the holiday, and airlines are ready to capitalize on this trend.
Strengthening Customer Loyalty
Strengthening Customer Loyalty is a crucial aspect of the travel industry, and it's all about building relationships with your customers.
Airlines like Delta and American Airlines offer loyalty programs that reward customers with points and miles for every flight booked, which can be redeemed for future travel or upgraded services.
Personalized experiences can make a huge difference in customer loyalty, such as offering tailored recommendations based on a customer's past travel history, like Southwest Airlines does.
Research shows that 80% of customers are more likely to return to a travel company that offers personalized experiences.
Providing excellent customer service is also key, with companies like Expedia offering 24/7 support to ensure customer satisfaction.
Customers who feel valued and appreciated are more likely to become loyal customers, with 70% of customers saying they would recommend a travel company to friends and family if they received excellent service.
Frequently Asked Questions
What is the stock symbol for Delta Air Lines?
The stock symbol for Delta Air Lines is DAL. This symbol is used to represent the company's common stock on various stock exchanges.
Is Delta Airlines a good stock to buy?
Delta Airlines has a strong buy rating from 17 Wall Street analysts, with an average price target of $77.58, suggesting it may be a good investment opportunity. However, as with any stock, it's essential to do your own research and consider multiple factors before making a decision.
Who is the largest shareholder of Delta Air Lines?
Delta Air Lines is primarily owned by institutional investors, with Vanguard holding the largest stake. Vanguard is the largest shareholder of Delta Air Lines.
Is Delta a publicly traded company?
Yes, Delta is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol. You can find more information about Delta's stock and trading details on the NYSE website.
How to buy Delta Air Lines stock?
To buy Delta Air Lines stock, you'll need to open a brokerage account, which allows you to purchase and trade various financial instruments, including stocks. This account will give you access to the NYSE market and enable you to buy DAL shares.
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