Stock Update (NYSE:DAL): Delta Celebrates 12th Global Build with Habitat for Humanity International in Mexico

[PR Newswire] – ATLANTA and MERIDA, Mexico, March 15, 2016 /PRNewswire/ — Delta Air Lines (DAL) is celebrating its 12th Global Build with Habitat for Humanity International by helping build six homes in the Chicxulub neighborhood of Merida, Mexico this week. “We are so proud of our longstanding partnership with Habitat for Humanity International, as our employees continue to volunteer their time and talent to impact communities across the globe,” said Tad Hutcheson, Delta’s Managing Director of Community Affairs. Read more on this. Delta Air Lines, Inc. (DAL) , with a current market cap of $37.45B, started the session at $47.82. Shares have traded today between $47.46 and $47.94 per share and has traded between $34.61 and $52.77 over the past 12 months. Delta (DAL) shares are currently priced at 6.99x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 7.58x earnings multiple for the same period. And for passive income investors, the company pays shareholders $0.54 per share annually in dividends, yielding 1.13%. Consensus earnings for the current quarter by the 13 sell-side analysts covering the stock is an estimate of $1.30 per share, which would be $0.85 better than the year-ago quarter and a $0.18 sequential increase. The full-year EPS estimate is $6.82, which would be a $2.21 better than last year. 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 $65.38, which is 36.72% above where the stock opened. See more in (NYSE:DAL) Similar Articles: Stock Update: Delta Air Lines Inc (NYSE:DAL) – Delta Employees Take Home their Piece of Largest Profit Sharing Payout in U.S. History Stock Update: Delta Air Lines Inc (NYSE:DAL) – Delta is Bringing More Than Just New Flights to Sea-Tac in 2016 Company Update: Delta Air Lines Inc (NYSE:DAL) – Delta Air Lines Employees to Build Seven Habitat for Humanity Homes in Six Cities