Stock Update: Delta Air Lines Inc (NYSE:DAL) – Delta customers among fatalities in Brussels

[PR Newswire] – ATLANTA, March 25, 2016 /PRNewswire/ — Delta Air Lines (NYSE: DAL) customers are among the fatalities caused by the explosions in the departures area at Brussels’ Zaventem Airport on March 22. “We … Read more on this. Delta Air Lines, Inc. (DAL) , valued at $37.24B, began trading this morning at $48.48. During the trading session, DAL traded between $47.36 to $48.56 with a trailing 52-week range being $34.61 to $52.77. Delta (DAL) shares are currently priced at 7.07x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 9.54x earnings multiple for the same period. And for passive income investors, the company pays shareholders $0.54 per share annually in dividends, yielding 1.09%. In a review of the consensus earnings estimate this quarter, 13 sell-side analysts are looking at $1.29 per share, which would be $0.84 better than the year-ago quarter and a $0.09 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $6.77, which would be a $2.16 better when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.25 Billion. If realized, that would be a 1.49% decrease over the year-ago quarter. In terms of ratings, Deutsche Bank upgraded DAL from Hold to Buy (Sep 1, 2015). Previously, Wolfe Research upgraded DAL from Peer Perform to Outperform. The average price target for DAL shares by the analysts covering it is $65.23, which is 34.55% above where the stock opened. See more in (NYSE:DAL) Similar Articles: Company Update: Delta Air Lines Inc (NYSE:DAL) – Update 3: Delta statement on operations in light of incident in Brussels Market Update: Delta Air Lines Inc (NYSE:DAL) – Delta Air Lines Declares Quarterly Dividend Company Update: Delta Air Lines Inc (NYSE:DAL) – Delta Air Lines Announces Webcast of December Quarter 2015 Financial Results