59.95 -0.47 (-0.78%)
After hours: 4:34PM EST
|Bid||56.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||44.86 - 45.64|
|52 Week Range||34.36 - 65.35|
|Beta (3Y Monthly)||-0.08|
|PE Ratio (TTM)||13.11|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||68.76|
Falling fuel prices are set to unlock huge cost savings for airlines next year -- but instead, many investors are worried about potential fare wars.
C.H. Robinson's (CHRW) shareholder-friendly initiatives are very encouraging. High operating expenses and debts, however, raise concerns.
Raj Subramaniam is set to assume the role of new CEO and president of the Express division in FedEx (FDX), effective Jan 1, 2019, following retirement of David L. Cunningham on Dec 31, 2018.
Southwest's (LUV) load factor falls yet again in November due to capacity expansion exceeding traffic growth. Notably, load factor declines consecutively ever since the April flight mishap.
American Airlines (AAL) shares fell more than 9% on December 7 after Wolfe Research analyst Hunter Keay’s comments in a note to clients. Keay questioned the bullish arguments about the industry. Keay downgraded his rating on American Airlines stock. Keay has a “peer perform” rating on American Airlines—compared to the previous “outperform” recommendation.
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Spirit Airlines (SAVE) announced today it has hired airline veteran John Kirby as its newest Vice President of Network Planning. Kirby will oversee what is set to be a large network expansion in the coming years for Spirit. Kirby is a highly experienced, successful and well-regarded leader who has worked at seven different carriers throughout his 35-year career, most recently at Alaska Airlines as the Vice President of Capacity Planning and Alliances. He will oversee network expansion and scheduling, leading a seasoned team already in place.
The stock market has certainly seen its share of volatility in recent months. Sure, the broader S&P 500 (SPX) is down about 8% from Oct. 1, and it has been a pretty wild ride both up and down across the last two months or so. Equally ugly lately has been Apple Inc. (AAPL) which has shed more than 22% since Oct. 1.
Delta Air Lines (DAL) is the largest airline company in the United States, in terms of market capitalization, at $38.9 billion. The low fuel price environment, efficient cost management, and disciplined capacity enhancement helped Delta grow its profitability in the last few years.
Despite the volatile market, these 16 stocks to watch are showing relative strength and may pop if the stock market rebounds.
Solid demand for air travel boosts GOL Linhas' (GOL) November traffic. Load factor improves on the back of traffic growth outweighing capacity expansion.
With a return of more than 43% YTD (year-to-date), United Continental (UAL) shares have remained the biggest gainer in 2018. The stock is also among Credit Suisse’s favorite airline (FTXR) picks for 2019.
Late in November, Spirit Airlines (SAVE), a low-cost carrier operator, hinted that its fourth-quarter revenues could grow at a higher rate than previously projected. The costs could be lower than previously expected. In an SEC filing on November 26, Spirit Airlines revealed that it increased the guidance for one of its key revenue metrics, which we’ll discuss in this part. The company has reduced the growth expectations for a key cost metric. The company’s stock gained more than 15% during trading on November 27 due to the upbeat outlook.
Today, few investors have a plan to invest in recession-proof stocks. For this reason, investors should have a plan in place to invest in downturn stocks. While such a shift will likely bring the S&P 500 down, some investors become wealthier in such expansions.