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A Light At The End Of The Runway For Delta Air Lines
Friday, October 14, 2016 - 11:35am | 313While Delta Air Lines, Inc. (NYSE: DAL) has had a particularly rough 2016, there may be some light at the end of the runway due to some improving metrics, according to a new analyst note from Imperial Capital. After experiencing seven consecutive quarters of passenger revenue per available seat...
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Buckingham Research: Southwest Has 31% Upside
Tuesday, December 15, 2015 - 3:20pm | 357Shares of Southwest Airlines Co (NYSE: LUV) have gained nearly 30 percent over the past six months. Despite the strong recent gains, Daniel McKenzie maintained a Buy rating and $57 price target on Southwest's stock. The analyst offered several catalysts that can result in earnings per share upside...
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Southwest Warns RASM Could Drop This Quarter; Airline Stocks Are Falling
Tuesday, December 8, 2015 - 12:43pm | 374Shares of Southwest Airlines Co (NYSE: LUV) plunged more than 7 percent on Tuesday after the company reported a 13.9 percent year-over-year increase in revenue passenger miles in November. However, the company cautioned that its fourth quarter 2015 operating revenue per available seat mile (...
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Why Virgin America Remains 'Underappreciated'
Friday, September 25, 2015 - 8:00am | 348Shares of Virgin America Inc (NASDAQ: VA) are down 17.5 percent year-to-date, but have bounced 24 percent from its recent lows in July. Daniel McKenzie of BRG maintained a Buy rating on Virgin America with a price target raised to $50 from a previous $47. McKenzie's revised price...
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Deutsche Bank Upgrades American Airlines, Delta And Copa To Buy
Tuesday, September 1, 2015 - 10:07am | 370Michael Linenberg, Deutsche Bank's analyst that covers the U.S. airline sector, commented in a note that shares of American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and Copa Holdings, S.A. (NYSE: CPA) are all trading at "attractive" entry-points relative...
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Morgan Stanley Is Not Backing Down On Airlines. Should You?
Tuesday, August 4, 2015 - 8:34am | 722In a report published Tuesday, Morgan Stanley analyst Rajeev Lalwani commented on the U.S. airline sector, noting that the recent drop in fuel prices is offsetting what would have been "large" downward revisions to his earnings estimates. According to Lalwani, PRASM (passenger revenue...
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Is It Time To Lower Expectations For Airlines?
Wednesday, April 1, 2015 - 10:05am | 345In a report published Wednesday, Deutsche Bank analyst Michael Linenberg downgraded shares of American Airlines Group (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and United Continental Holdings Inc (NYSE: UAL) given the view that international sales will be a source of earnings...
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Imperial Capital Expects Alaska Air Group To Report Record Fourth Quarter Results
Tuesday, January 13, 2015 - 12:04pm | 211Bob McAdoo of Imperial Capital commented on Tuesday that Alaska Air Group, Inc. (NYSE: ALK) is expected to report record fourth quarter results following its investor update. Alaska Air Group announced on January 9 that it expects its PRASM (Passenger Revenue Per Available Seat Mile) for the...