That is pretty much the underlying consensus---as even the less positive have been raising their esimates to the $1.90++. It's more about guidance, fuel prices, PRASMs, int'l noise, cash redeployment--on the conf call. Hopefully can be + enough to keep the LOADS of fast $$ hedge boyz in the name. The story shoud continue to march on to $50 or so level over the next 6-12 months based on strong outlook, fuel being $3 area. Sure looks like a favorable risk/reward.
I think crammer is shrinking --- have you seen how little he's gotten ? pretty soon he'll need a booster seat for tv
S&P ???? since when do they have any research impact ? don't look now but AAL has a market cap over $30 Billion-----it didn't get they from retail investors.
No surprise if ALL takes a breather as it has been ON FIRE for anyone who has owned it over the last 6-12 months. Stocks don't run up forever--they need to pause & consolidate their gains. AAL will very likely be a $50 or better stock this year on improving EPS, cash flow reasonable++ PRASM. There is a lot of fast $$$ in the group trading on both sides. Relax---the risk/reward over the next 6-12 months remains quite favorable.
why does DAL pay a dividend or buy back shares ? are YOU for real ? AAL is fine---so is DAL---they just are different flavors in an up stock group sharing the same fundamentals
INSM had $101 mil cash at the end of 1Q'14 so they are not in need of a financing. Let them continue their FDA discussions & update investors before selling stock---likely north of $25+.
Companies like INSM are constantly meeting with investors set up by firms like JMP. Believe me when I tell you that of course there are discussions about potential financings and at what levels to make an offering. My guess is that they believe they have enough gas in the tank to do it at higher levels. It would be an easy print at the current levels.
blah blah blah. AAL is having a very stron Q with their domestic & coprporate gains more than offsetting international. The DAL PRASM is just one data point & needs to be examine in totality --- which is fine overall. Q EPS are in solid shape for DAL & they should (as should AAL ) beat wall street estimates. More short-term noise. ALL will be $50+ nicely by year end, If the US (& world economy) keeps showing strength look for a good shot at $55-60+ long out a year on 6.50--7/EPS.
Airlines will begin to report June traffic and update Q2 guidance this week. DAL will report June traffic & updated guidance on Wednesday & Cowen expects them to report at the higher end of June PRASM guidance of up 5-7%. They are looking for AAL to have an excellent quarter as well.
Morgan Stanley raised estimates today, with the 2Q going from $1.87 to $1.95, pushing '14 est from $5.40 to 5.75, raising '15 est from 6.75 to $7, & '16 est to $7.50. Yearend target goes from $46 to $50.