LTM - LATAM Airlines Group S.A.

NYSE - NYSE Delayed Price. Currency in USD
9.25
-0.04 (-0.43%)
At close: 4:02PM EST
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Previous Close9.29
Open9.29
Bid9.22 x 1800
Ask9.70 x 2900
Day's Range9.21 - 9.35
52 Week Range7.62 - 12.30
Volume515,195
Avg. Volume891,670
Market Cap5.654B
Beta (5Y Monthly)1.36
PE Ratio (TTM)24.87
EPS (TTM)0.37
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 08, 2018
1y Target Est11.81
  • Delta Outperforms on Strong 4th-Quarter Earnings
    GuruFocus.com

    Delta Outperforms on Strong 4th-Quarter Earnings

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  • Delta Air Lines Stock Is a Value Investor’s Sky-High Dream
    InvestorPlace

    Delta Air Lines Stock Is a Value Investor’s Sky-High Dream

    Delta Air Lines (NYSE:DAL) stock is the kind of stock that contrarian value investors like. DAL trades at a cheap valuation, but the underlying company fundamentals are very strong.Source: Markus Mainka / Shutterstock.com For example, DAL stock trades at a forward price-to-earnings metric of 8.2 times earnings. It also has a 2.8% dividend yield. In other words, investors are getting paid to wait until Delta Air Lines stock rises to a higher valuation.In fact, over the past five years, dividends have grown at a rate of 38% annually, according to Seeking Alpha. And over the past three years, payouts grew an average of 30% annually. In the past year, Delta hiked its dividends per share 15%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Strong Underlying FundamentalsIn addition, if you look at the company's free cash flow over the trailing 12 months, it consistently makes between $3 billion and $3.5 billion in FCF per quarter.Since Delta Air Lines stock has a market value of $39 billion, this means its FCF yield ranges from 8.1% to 9.5%. That is extremely high and indicates that Delta Air Lines is an attractive buy. * The Top 15 Stocks to Buy in 2020 Moreover, some have pointed out that Delta's earnings are expected to grow over 7% year-over-year. In addition, FCF is expected to hit $4 billion next year, according to at least one analyst.Analysts covered by Seeking Alpha put its 2019 earnings per share estimates at $7.01 per share and $7.22 for 2020. That puts DAL stock on a very cheap 7x P/E ratio for 2019 and 7.2x for 2020. Analysts Like Delta Air Lines StockRecently, a number of analysts have pointed out that Delta has a number of revenue drivers. For example, one analyst at Seeking Alpha wrote this very interesting article about three upside catalysts DAL stock has.The article points out that DAL stock will benefit from:* Its long-term profitable arrangement with American Express (NYSE:AXP).* Delta's fleet optimization will heavily cut its costs over the next five years (it has no 737 Max jets).* Its expansion into Latin America through a pending joint venture with a Chilean airline company Latam (NYSE:LTM) will drive more revenue.Delta recently held an Investors Day, on Dec. 12, 2019, where it highlighted its "global scale, powerful brand and unmatched competitive advantages."So, as a result, a number of analysts wrote up the stock on a positive note. Bottom Line on DAL StockGuess which value investor really likes Delta Air Lines? Warren Buffett. Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) increased its stake earlier in April 2019 to nearly 11% of the company.Buffett started buying DAL in 2016's third quarter, along with a number of other airline stocks. So far, Berkshire Hathaway has made over 30% on his stake in DAL, according to The Motley Fool. I suspect that Buffett is going to continue to hold the stock. It seems to meet all his criteria.In addition, he probably loves DAL stock's dividend payments. Maybe you should invest in the stock as well, as long as Buffett likes it.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. The Guide focuses on high total yield value stocks. Subscribers receive a two-week free trial. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 15 Stocks to Buy in 2020 * The 7 Most Important Companies That Didn't Survive the 2010s * 4 Mega-Tech Stocks Reaching for the Sky The post Delta Air Lines Stock Is a Value Investor's Sky-High Dream appeared first on InvestorPlace.

  • Gol Linhas' December Traffic Rises, Load Factor Declines
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    Gol Linhas' December Traffic Rises, Load Factor Declines

    GOL Linhas (GOL) reports an increase in consolidated traffic for December on the back demand domestically.

  • Hedge Funds Have Never Been This Bullish On LATAM Airlines Group S.A. (LTM)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On LATAM Airlines Group S.A. (LTM)

    Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]

  • Delta Air Lines Divests 32.9 Million Shares of Gol Linhas
    Zacks

    Delta Air Lines Divests 32.9 Million Shares of Gol Linhas

    Delta Air Lines (DAL) decides to sell off its stake in Gol Linhas following the partnership with LATAM in September 2019.

  • Reuters

    Brazilian airline GOL says Delta Air exits stake

    Brazil's GOL Linhas Aereas Inteligentes SA said late Tuesday that Delta Air lines Inc has sold more than 32.9 million shares it held in the company, a few months after the Atlanta-based airline announced its decision to exit stake. Delta's decision to sell its stake was expected, following its acquisition of a 20% stake in GOL competitor LATAM Airlines Group SA for $1.9 billion in September. Delta did not immediately respond to Reuters' request for comment.

  • Moody's

    Promontoria Holding 264 B.V. -- Moody's downgrades WFS' CFR to B3 from B2, negative outlook

    Moody's Investors Service ("Moody's") has today downgraded Promontoria Holding 264 B.V.'s ("WFS" or "the company") corporate family rating (CFR) to B3 from B2. Concurrently Moody's has downgraded WFS' probability of default rating ("PDR") to B3-PD from B2-PD and the E660 million senior secured notes maturing 2023 to B3 from B2. The downgrade to B3 reflects WFS's weakening operating performance and limited cash flow generation in the first nine months of 2019, but more importantly the expectation of a limited improvement in 2020.

  • Azul's Traffic Rises But Load Factor Declines in November
    Zacks

    Azul's Traffic Rises But Load Factor Declines in November

    With capacity expansion outweighing traffic growth in November, Azul (AZUL) registers a decline in load factor.

  • Airline Stock Roundup: GOL Linhas Launches Business Unit, DAL, RYAAY in Focus
    Zacks

    Airline Stock Roundup: GOL Linhas Launches Business Unit, DAL, RYAAY in Focus

    GOL Linhas (GOL) launches a new business division that should boost its revenue growth further. Meanwhile, Delta Air Lines (DAL) registers a decline in its November load factor.

  • Benzinga

    Delta Sees Stock Ding On Efficiency Dip, Agrees To LATAM Codeshare

    Delta Air Lines  (NYSE: DAL ) stock settled 2% lower Tuesday to $55.62 per share after the carrier reported its load factor in November compared to last year was off 1.8 points to 84%, as 4% capacity growth ...

  • Delta (DAL) to Boost Connectivity Via Codesharing With LATAM
    Zacks

    Delta (DAL) to Boost Connectivity Via Codesharing With LATAM

    Delta's (DAL) codesharing with LATAM aims at increasing connectivity to up to 74 and 51 destinations in the United States and South America, respectively.

  • Here's Why Investors Should Steer Clear of Azul Stock Now
    Zacks

    Here's Why Investors Should Steer Clear of Azul Stock Now

    High operating costs and depreciation of the Brazilian currency are major headwinds for Azul (AZUL).

  • Copa Holdings (CPA) Shares Up on Q3 Earnings & Revenue Beat
    Zacks

    Copa Holdings (CPA) Shares Up on Q3 Earnings & Revenue Beat

    High passenger revenues and low fuel costs aid Copa Holdings' (CPA) third-quarter performance.

  • Allegiant to Expand Domestic Base With Five New Flights
    Zacks

    Allegiant to Expand Domestic Base With Five New Flights

    Allegiant's (ALGT) expansion initiatives should boost passenger revenues and the top line in turn.

  • Airline Stock Roundup: AAL & LUV Extend 737 MAX Grounding Period, AZUL in Focus
    Zacks

    Airline Stock Roundup: AAL & LUV Extend 737 MAX Grounding Period, AZUL in Focus

    Low costs aid Azul's (AZUL) third-quarter performance. Meanwhile, the updates on Boeing 737 Max jets by American Airlines (AAL) and Southwest Airlines (LUV) do not bode well.

  • Air Lease (AL) Beats on Earnings in Q3, Increases Dividend
    Zacks

    Air Lease (AL) Beats on Earnings in Q3, Increases Dividend

    Air Lease's (AL) third-quarter 2019 performance rides on higher revenues from the rental of flight equipment. The decision to raise its quarterly dividend is also encouraging.

  • Azul (AZUL) Q3 Earnings Surpass Estimates, Increase Y/Y
    Zacks

    Azul (AZUL) Q3 Earnings Surpass Estimates, Increase Y/Y

    Increase in passenger revenues and cost-reduction efforts aid Azul's (AZUL) third-quarter 2019 performance.

  • Hawaiian Airlines' Traffic & Load Factor Rise in October
    Zacks

    Hawaiian Airlines' Traffic & Load Factor Rise in October

    With traffic growth outpacing capacity expansion, Hawaiian Holdings subsidiary Hawaiian Airlines' load factor improves in October.

  • Azul's October Traffic & Load Factor Up on Solid Demand
    Zacks

    Azul's October Traffic & Load Factor Up on Solid Demand

    Azul (AZUL) consistently performs impressively on the traffic front owing to strong travel demand.

  • 3 Transportation Stocks Likely to Beat Q3 Earnings Estimates
    Zacks

    3 Transportation Stocks Likely to Beat Q3 Earnings Estimates

    Low fuel costs are likely to have aided the third-quarter performance of transportation companies.

  • Should Value Investors Buy LATAM (LTM) Stock?
    Zacks

    Should Value Investors Buy LATAM (LTM) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Benzinga

    Delta Borrowing $1.5 Billion To Pay For LATAM Airlines Stake

    Delta Air Lines  (NYSE: DAL ) is selling $1.5 billion worth of bonds to help pay for its 20% stake in South American carrier LATAM Airlines, according to a prospectus filed with the Securities and Exchange ...

  • Moody's

    Delta Air Lines, Inc. -- Moody's assigns Baa3 rating to Delta Air Lines' new senior unsecured notes

    Moody's Investors Service ("Moody's") assigned Baa3 ratings to the new senior unsecured notes that Delta Air Lines, Inc. (Delta) announced earlier today. Delta will use the net proceeds of the new notes plus cash on hand to fund the previously announced, $1.9 billion purchase of a 20 percent stake in LATAM Airlines Group S.A. (LATAM) through a public tender offer at $16 per share. Delta's Baa3 senior unsecured rating reflects its competitive profit margin and leading free cash flow generation among global airlines.

  • Benzinga

    Analysis: Delta-LATAM Joint Venture Has Strong Cargo Upside

    The joint venture between Delta Airlines (NYSE: DAL) and LATAM Airlines (NYSE: LTM) proposed last month was motivated by synergies on the passenger side, but analysts also see attractive opportunities to extend cargo reach, make money and benefit shippers. Delta officials have not publicly discussed the potential to gain from each other's cargo strengths and declined to make anyone available for an interview, saying it's too early to discuss any plans. The reluctance to comment likely stems from both parties needing antitrust approval from U.S. and Chilean competition authorities before cooperating in any strategically meaningful way, which Delta CEO Ed Bastian said could take one to two years.