Delta Air Lines (DAL) Receives Daily Media Sentiment Rating of 0.09
News articles about Delta Air Lines (NYSE:DAL) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Delta Air Lines earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 47.0355285433218 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Delta Air Lines Incorporated (NYSE:DAL) Sellers Increased By 8.31% Their Shorts (nismagazine.com)
- Factbox: Corporate America expects tax overhaul to lift spending, earnings (finance.yahoo.com)
- Delta testing facial recognition project to streamline boarding process (Video) (bizjournals.com)
- Airport GM apologizes 3 times, investigating response to blackout (Video) (finance.yahoo.com)
- Bombardier CEO: Boeing's unfair trade complaint is 'ridiculous,' our sales practices are the same (finance.yahoo.com)
A number of brokerages recently weighed in on DAL. Stephens set a $67.00 price objective on Delta Air Lines and gave the company a “buy” rating in a report on Monday, December 18th. Morgan Stanley reissued an “overweight” rating on shares of Delta Air Lines in a report on Tuesday, September 12th. UBS Group reissued a “buy” rating and set a $62.00 price objective (down from $65.00) on shares of Delta Air Lines in a report on Saturday, September 30th. Zacks Investment Research raised Delta Air Lines from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, Vetr cut Delta Air Lines from a “sell” rating to a “strong sell” rating and set a $45.16 price objective on the stock. in a report on Wednesday, November 29th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $63.83.
Shares of Delta Air Lines (NYSE DAL) traded down $0.31 during trading on Thursday, reaching $56.12. The company’s stock had a trading volume of 3,766,400 shares, compared to its average volume of 7,758,775. The company has a quick ratio of 0.36, a current ratio of 0.43 and a debt-to-equity ratio of 0.54. The stock has a market cap of $39,947.88, a PE ratio of 11.27, a P/E/G ratio of 2.01 and a beta of 1.29. Delta Air Lines has a 1-year low of $43.81 and a 1-year high of $56.84.
Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Wednesday, October 11th. The transportation company reported $1.57 EPS for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.04. Delta Air Lines had a return on equity of 34.39% and a net margin of 10.65%. The business had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $11.03 billion. During the same period in the previous year, the firm earned $1.70 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. sell-side analysts forecast that Delta Air Lines will post 4.89 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, November 17th were paid a dividend of $0.305 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.22 annualized dividend and a dividend yield of 2.17%. Delta Air Lines’s dividend payout ratio (DPR) is presently 24.50%.
In other news, CEO Edward H. Bastian sold 159,240 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $53.06, for a total transaction of $8,449,274.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Joanne D. Smith sold 894 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $56.50, for a total value of $50,511.00. Following the transaction, the executive vice president now directly owns 72,393 shares in the company, valued at $4,090,204.50. The disclosure for this sale can be found here. Insiders have sold 399,198 shares of company stock worth $21,604,025 over the last three months. Insiders own 0.37% of the company’s stock.
About Delta Air Lines
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.
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