Major Airlines: Delta Air Lines (NYSE:DAL), American Airlines Group Inc (NASDAQ:AAL), United Continental Holdings Inc (NYSE:UAL), Spirit Airlines Incorporated (NASDAQ:SAVE)

Posted by on Jul 09, 2014

Delta Airlines, Inc. (DAL) announced weaker-than-expected results today in its operating performance report for the month of June. The Atlanta-based carrier said its unit revenues per passenger (PRASM), a key industry metric, rose 4.5% year-over-year last month, reflecting the underlying strength in its business. Delta Air Lines, Inc. (NYSE:DAL) net profit margin is 28.10% and weekly performance is -5.89%. On last trading day company shares ended up $36.44. Analysts mean target price for the company is $47.85. Delta Air Lines, Inc. (NYSE:DAL) distance from 50-day simple moving average is -6.46%.

American Airlines Group Inc (NASDAQ:AAL) tomorrow will break ground on the Robert W. Baker Integrated Operations Center in Fort Worth. Earlier this year, American announced plans to consolidate the current American Airlines operations center in Fort Worth and the current US Airways operations center in Pittsburgh. The new facility will be located near American’s headquarters and Flight Academy south of Dallas/Fort Worth International Airport. The state-of-the-art Integrated Operations Center will serve as the nerve center of American’s global network and will house more than 1,400 employees who plan, oversee and dispatch the airline’s more than 1 million annual mainline flights serving more than 140 million customers. American Airlines Group Inc (NASDAQ:AAL) shares advanced 0.40% in last trading session and ended the day on $40.26. AAL Gross Margin is 21.90% and its return on assets is -3.90%. American Airlines Group Inc (NASDAQ:AAL) quarterly performance is 12.52%.

United Continental Holdings (NYSE:UAL) has received an average recommendation of “Hold” from the fourteen analysts that are presently covering the stock. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and seven have issued a buy recommendation on the company. United Continental Holdings Inc (NYSE:UAL) shares moved up 2.38% in last trading session and was closed at $39.54, while trading in range of $36.65-$39.78. United Continental Holdings Inc (NYSE:UAL) year to date performance is 4.52%.

Analysts at Cowen and Company increased their price target on shares of Spirit Airlines (NASDAQ:SAVE) from $64.00 to $70.00 in a research report issued to clients and investors on Tuesday. The firm currently has an “outperform” rating on the stock. Spirit Airlines Incorporated (NASDAQ:SAVE) ended the last trading day at $62.41. Company weekly volatility is calculated as 2.21% and price to cash ratio as 8.35. Spirit Airlines Incorporated (NASDAQ:SAVE) showed a negative weekly performance of -1.31%.

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