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Added to YB: 2024-04-12

Pitch date: 2024-03-31

DAL [bullish]

Delta Air Lines, Inc.

+46.88%

current return

Author Info

No bio for this author

Company Info

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.

Market Cap

$37.1B

Pitch Price

$47.53

Price Target

N/A

Dividend

1.31%

EV/EBITDA

4.46

P/E

8.06

EV/Sales

0.88

Sector

Passenger Airlines

Category

value

Show full summary:
Oakmark Fund New Position: Delta Air Lines, Inc.

DAL: Premium US airline trading at 6x normalized EPS. Advantages: best ops, customer experience, optimal hubs, high share, strong loyalty program & culture. Attractive valuation for a competitively positioned, growing biz in an out-of-favor industry.

Read full article (1 min)