Sundry Photography Investment Thesis In December, I rated Delta Air Lines (NYSE:DAL) as a hold because of my concerns about their potential pension issues and a perceived downward trend in demand for air travel. At that time, I was worried Delta Air Lines pension fund was too highly exposed to private fund investments and the unfavorable market conditions for private equity was a risk factor that we could not ignore. Together with what looked like an impending softening of domestic travel, I rated the stock ...

Delta Air Lines (DAL) closed the latest trading day at $52.70, indicating a +0.36% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.12%. Meanwhile, the Dow experienced a rise of 0.34%, and the technology-dominated Nasdaq saw a decrease of 0.07%.Shares of the airline have appreciated by 9.74% over the course of the past month, outperforming the Transportation sector's gain of 2.42% and the S&P 500's gain of 4.99%.The investment community will be close ...

Certain companies and their stocks are well-regarded on Wall Street. Strong management teams, solid execution and growing profits and sales often lead to a stock being given the highest rating among analysts. This is typically a strong buy rating or its equivalent. It is reserved for best-in-class stocks that are outpacing their peers and that have reliable future growth prospects. These companies are typically considered good long-term stocks to buy.While analyst ratings are not foolproof, they provide inv ...

The analyst thinks the airline has powerful advantages that place it above rivals.In its most recent quarterly earnings call, Delta Air Lines (DAL 0.12%) management expressed optimism for this coming summer travel season. Management is even speculating that Delta will set new records.One analyst tracking Delta stock believes this optimism is entirely justified thanks to the carrier's organizational structure and its approach to the market. His current view of the shares is that they stand to appreciate by n ...

A month has gone by since the last earnings report for Delta Air Lines (DAL) . Shares have added about 10.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Delta due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Delta in Q1Delta reported  first-qua ...

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The recent economic reports have raised concerns about a potential negative future for the United States economy, characterized by stagflation—a troubling situation of rising inflation and slowing economic growth. The latest GDP figures showed a significant slowdown in growth, with the economy expanding at only 1.6% annually, well below expectations. Concurrently, measured by personal consumption expenditures, inflation surpassed forecasts, growing at 2.8%. This is why investing in airline stocks is proving ...

ATLANTA, April 26, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE: DAL) board of directors today announced Maria Black and Willie CW Chiang as its newest members. Ms. Black is the President and Chief Executive Officer of Automatic Data Processing, Inc., a leading global technology company providing human capital management (HCM) solutions. Mr. Chiang is the Chairman and Chief Executive Officer of Plains All American Pipeline, L.P., and its general partner holding company Plains GP Holdings, L.P. PAA is a publi ...

GATX Corporation’s (GATX) first-quarter 2024 earnings per share (EPS) of $2.01 outpaced the Zacks Consensus Estimate of $1.72. However, the bottom line declined 8.6% year over year. Revenues of $379.9 million improved 12.1% year over year.Lease revenues of $333.3 million grew 10.3% year over year. Revenues from other sources rose 15.5% to $33.4 million.Total expenses (on a reported basis) rose 8% to $265.9 million.Profits in the Rail North America segment profit decreased to $90.3 million from $95.2 million ...

United Parcel Service, Inc. (UPS) first-quarter 2024 earnings per share of $1.43 beat the Zacks Consensus Estimate of $1.33 but declined 35% year over year. Revenues of $21,706 million fell short of the Zacks Consensus Estimate of $21,960.6 million and decreased 5.3% year over year.UPS generated $3,316 million of net cash from operating activities in the first quarter. Capital expenditures were $1,035 million. Free cash flow was $2,280 million.U.S. Domestic Package revenues decreased 5% year over year to $1 ...