NEW YORK (TheStreet) -- Shares of Delta Air Lines Inc. are higher by 3.14% to $49.98 in mid-afternoon trading on Thursday, as the airline sector gets a boost from JetBlue Airways' positive earnings results. For the 2014 fourth quarter JetBlue said its earnings excluding special items was 26 cents per share versus the 24 cents per share analysts polled by Thomson Reuters had forecast. Total operating revenue for the most recent quarter grew by 5.9% to $1.45 billion, in-line with analysts' expectations. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Other airline stocks rising today include Southwest , up by 2.10% to $46.76, Virgin America , higher by 2.31% to $35.80, and American Airlines , rising by 1.74% to $51.50 this afternoon. Separately, TheStreet Ratings team rates DELTA AIR LINES INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate DELTA AIR LINES INC (DAL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income." Highlights from the analysis by TheStreet Ratings Team goes as follows: DAL's revenue growth trails the industry average of 30.1%. Since the same quarter one year prior, revenues slightly increased by 6.3%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share. Compared to its closing price of one year ago, DAL's share price has jumped by 54.38%, exceeding the performance of the broader market during that same time frame. Looking ahead, the stock's sharp rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that other strengths this company displays justify these higher price levels. DELTA AIR LINES INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past two years. However, we anticipate this trend to reverse over the coming year. During the past fiscal year, DELTA AIR LINES INC reported lower earnings of $0.75 versus $12.29 in the prior year. This year, the market expects an improvement in earnings ($4.95 versus $0.75). Net operating cash flow has significantly decreased to $535.00 million or 52.69% when compared to the same quarter last year. Despite a decrease in cash flow of 52.69%, DELTA AIR LINES INC is in line with the industry average cash flow growth rate of -55.63%. The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed against the S&P 500 and did not exceed that of the Airlines industry. The net income has significantly decreased by 108.4% when compared to the same quarter one year ago, falling from $8,479.00 million to -$712.00 million. You can view the full analysis from the report here: DAL Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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