DAL stock: buy or sell?

DAL stock price: $56.22 -3.00% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

3

Shares of Delta Air Lines ended today at $56.22 and eased a horrible -3.00%.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.

Should I buy DAL stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Delta Air Lines stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean DAL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Delta Air Lines stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 15 ratings published for DAL stock in the last 30 days.

The general sentiment of these ratings is bullish for DAL stock, with 8 positive ratings.
Is DAL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-3Stephensn/aOverweight
2019-7-3Stephensn/aOverweight
2019-7-12Raymond Jamesn/aOutperform
2019-7-12Morgan Stanleyn/aEqual Weight
2019-7-12Deutsche Bankn/aHold
2019-7-12Buckingham Researchn/aBuy
2019-7-11Cowenn/aOutperform
2019-7-10Imperial Capitaln/aInline
2019-5-20Morgan StanleyOverweightEqual Weight
2019-4-4Bank of AmericaNeutralNeutral
2019-4-3Stifel Nicolausn/aBuy
2019-4-3Imperial CapitalIn-LineAverage
2019-4-3Buckingham ResearchBuyBuy
2019-4-2Cowenn/aOutperform
2019-3-1Deutsche BankBuyHold

DAL stock analysis

Daily outlook

Delta Air Lines eased a horrible -3.00% and closed at $56.22.

Delta Air Lines shares eased -3.00% to $56.22 today. Since June when SMA100d and SMA200d crossed up, DAL price gained $0.55 per share (0.99%). Since price and SMA200d lines crossed up on June, DAL climbed $4.45 (8.60%). On July/24, DAL hit a new all time high, pushing higher than on Jul 17th tops. Check different trading setups that use ATHs as triggers.

DAL stock chart (daily)

Weekly outlook

Delta Air Lines dropped an awful -3.14% this week. With this, it's been 4 red weeks in a row, sliding $-5.94 or a -9.81%.

In a weekly time frame, Delta Air Lines stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, DAL might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Delta Air Lines marked late July. By mid June, SMA20w and SMA40w crossed up triggering a rise of 2.74%. Early June DAL price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

DAL stock chart (weekly)

DAL stock price history

DAL stock went public on May 3rd, 2007 with a price of $19.601. Since then, DAL stock grew a 186.80%, with an average of 15.60% per year. If you had invested right after DAL's IPO a $1,000 in DAL stock in 2007, it would worth $1,868.00 today.

1: Adjusted price after possible price splits or reverse-splits.

DAL stock historical price chart

DAL stock reached all-time highs on July 24th with a price of $63.44.

DAL stock price target is $67.80

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 13 price forecasts for DAL stock:
DAL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-3StephensReiteratesn/a$70.00-
2019-7-3StephensInitiatesn/a$70.00-
2019-7-12Raymond JamesRaises Target$68.00$70.002.9%
2019-7-12Morgan StanleyRaises Target$61.00$65.006.6%
2019-7-12Deutsche BankRaises Target$56.00$61.008.9%
2019-7-12Buckingham ResearchRaises Target$71.00$74.004.2%
2019-7-11CowenRaises Target$67.00$69.003%
2019-7-10Imperial CapitalRaises Target$61.00$63.003.3%
2019-4-4Bank of AmericaReiterates$55.00$59.007.3%
2019-4-3Stifel NicolausReiteratesn/a$85.00-
2019-4-3Imperial CapitalRaises Target$53.00$58.009.4%
2019-4-3Buckingham ResearchRaises Target$62.00$71.0014.5%
2019-4-2CowenRaises Target$62.00$67.008.1%
(in average)$61.60$67.8010.0%
Moving in a range from $85.00 and $58.00, the price target for DAL stock is $67.80. In average, analysts' outlook on DAL price forecast is positive, improving the prediction by a 10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Delta Air Lines published its last earnings report, it stayed constant a neutral -0.05%. As soon as we get its actual EPS from the earnings report, we will update this review.
DAL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.67n/a
2017-Q32017-10-111.531.572.6%
2017-Q42018-01-110.880.969.1%
2018-Q12018-04-120.730.741.4%
2018-Q22018-07-121.721.772.9%
2018-Q32018-10-111.741.83.4%
2018-Q42019-01-151.271.32.4%
2019-Q12019-04-10n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Delta Air Lines annual revenues escalated a great 8.02% to $44,438.00 million dollars from $41,138.00 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) raised a 1.06% to 8.86%.

To have an up to date view of the financial situation of Delta Air Lines, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Delta Air Lines TTM sales up to March 2019 were $44,942.00 and income was $4,118.00 million USD. When comparing this TTM figures with the last reported annuality, we can review Delta Air Lines business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, gained a slightly fine 1.13%. In line, profit margin (net income/sales) stayed steady at 8.86%.

DAL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$37,640 M-$10,540 M28.0%-
2014$40,362 M7.23%$659 M1.6%-93.75%
2015$40,704 M0.85%$4,526 M11.1%586.80%
2016$39,639 M-2.62%$4,373 M11.0%-3.38%
2017$41,138 M3.78%$3,205 M7.8%-26.71%
2018$44,438 M8.02%$3,935 M8.9%22.78%
TTM $44,942 M1.13%$4,118 M9.2%4.65%

Quarterly financial results

Delta Air Lines reported $10,472.00 M in revenues for 2019-Q1, a -2.51% decline compared to previous quarter. Reported quarter income marked $730.00 million with a profit margin of 6.97%. Profit margin depreciated a -2.81% compared to previous quarter when profit margin was 9.78%. When comparing sales to same quarter last year, Delta Air Lines sales marked a fine gain and rose a 5.06%. Looking back to recent quarterly results, Delta Air Lines posted 2 negative quarters in a row.
DAL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$10,790 M-$1,220 M11.3%-
2017-Q3$11,060 M2.50%$1,180 M10.7%-3.28%
2017-Q4$10,334 M-6.56%$670 M6.5%-43.22%
2018-Q1$9,968 M-3.54%$547 M5.5%-18.36%
2018-Q2$11,775 M18.13%$1,025 M8.7%87.39%
2018-Q3$11,953 M1.51%$1,312 M11.0%28.00%
2018-Q4$10,742 M-10.13%$1,051 M9.8%-19.89%
2019-Q1$10,472 M-2.51%$730 M7.0%-30.54%

Delta Air Lines ownership

When you are planning to buy shares of a stock, it's always worth to review its ownership structure.

Delta Air Lines shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 49.63% of all shares.

In case of Delta Air Lines stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DAL stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Delta Air Lines:

DALAALALGTALKCEA
Market cap$36.8 B$12.2 B$2.3 B$0.0 M$7.0 B
Total shares654.7 M460.6 M16.3 M0.0 M289.4 M
Float shares574.5 M396.1 M11.4 M122.8 M90.6 M
  - Institutional holdings (%)0.0%7.8%81.5%89.7%0.2%
  - Insider holdings (%)49.6%39.8%20.8%0.4%0.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

DAL summary

Friday, August 23rd, 2019
Open$57.82
Close$56.22
Day range$55.84 - $58.06
Previous close$57.96
Session gain-3.00%
Average true range$1.31
50d mov avg$58.88
100d mov avg$57.25
200d mov avg$54.03
Daily patternlt03c
Weekly pattern lt06a

Delta Air Lines performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Delta Air Lines performance to American Airlines, Allegiant Travel, Alaska Air, China Eastern Airlines, Hawaiian, JetBlue Airways, Southwest Airlines, Spirit Airlines, SkyWest and United Continental:
Stock3m6m12m
DALDelta Air Lines4.56%11.26%0.88%
AALAmerican Airlines-8.74%-24.76%-30.84%
ALGTAllegiant Travel0.60%1.98%6.67%
ALKAlaska Air-0.85%-3.18%-5.88%
CEAChina Eastern Air...-11.43%-30.52%-24.36%
HAHawaiian-4.01%-22.34%-40.57%
JBLUJetBlue Airways-1.43%0.00%-7.57%
LUVSouthwest Airline...0.81%-3.54%-14.95%
SAVESpirit Airlines-17.80%-35.46%-15.01%
SKYWSkyWest-5.87%1.39%-11.28%
UALUnited Continenta...2.15%-7.72%-3.07%

Delta Air Lines competitors

One check before trading any stock is to review a list of its competitors, in this case for Delta Air Lines. We selected 10 companies as Delta Air Lines competitors as they are in the same industry or have similar market objectives.

Latest DAL stock news