Tag: DAL

  • Early Morning Vibes: 4 Top Trending Stocks To Watch Right Now

    On February 4, American stock indices closed in the green. The S&P 500 Index climbed 1.09% to 3872 points, reaching a new all-time high. Dow Jones rose 1.08%, NASDAQ – 1.23%. The news background remained mostly calm. High investor risk appetite may be associated with positive macroeconomic statistics. The finance sector was the top gainer, rallying 2.27% on the back of a rally in payments stocks following a PayPal report. The tech sector added 1.55% on positive performance in Apple shares.

    Company news

    PayPal (PYPL: + 7.4%) successfully reported for the fourth quarter amid a boom in online trading and an increase in cryptocurrency transactions.

    Qualcomm’s revenue (QCOM: -8.8%) was in line with expectations, which did not allow the company to distinguish itself from the unexpectedly strong results of competitors.

    EBay (EBAY: + 5.3%) results beat consensus due to explosive growth in eCommerce during the reporting period.

    Today, global stock exchanges are showing positive dynamics. The optimism remains mainly related to the prospects for the adoption of the fiscal stimulus package. President Biden said yesterday that he was not ready to reduce the volume of direct payments to the population and insisted that they remain at $ 1400. Nevertheless, the head of the White House will probably consider the idea of ​​limiting the circle of citizens who are entitled to subsidies. This item of the program is of increased interest due to the extremely high activity of private investors, which caused a wave of short squeezes last week. It is expected that part of the funds received from the state will be invested by the population in the stock market but estimates of the potential inflow of liquidity are still very different.

    The focus of attention of market participants today will be focused on makrostatistiki. Strong data on the labor market is expected, which may serve as a fresh driver for the continuation of the upward movement. The companies’ quarterly reports continue to support risk appetite, with a positive initial investor reaction to the reports prevailing.

    Sentiment Index

    The Freedom Finance Sentiment Index remains at 68 out of 100. The index reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are gradually diminishing thanks to the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is still in a medium-term uptrend. The day before, the broad market index reached a new high, which signals the continued activity of buyers. The short-term outlook will depend on whether the bulls can hold the S&P 500 above 3870 points. The next resistance is at 3900 points, where the upper trend line lies.

    Today Top Movers‎T2 Biosystms Inc (TTOO), a healthcare firm, soared about 47.50% ‎at $3.54 in pre-market ‎trading Friday following the news of efficiency of its T2SARS-CoV-2™ Panel to ‎detect Brazil (P.1) variant of the SARS-CoV-2 virus.‎ ‎

    Aurora Mobile Ltd (JG) share price jumped 112.31% to $8.45 during the early morning ‎trading session on ‎Friday after declaring a partnership agreement with Kuaishou Technology, to improve advertising monetization efficiency. ‎ Supercom Lt (SPCB) stock ascended 37.85% at $1.93 in the pre-market trading today.‎ The company recently revealed the closing of financing with gross proceeds of $7 million to support the company’s growth capital needs. ‎LAIX Inc (LAIX) gained over 172.66% at $6.98 in pre-market ‎trading on Friday.‎ It appears there was a coordinated move on social media to drive the price up.

    Top Upgrades & Downgrades

    BTIG turned bullish on Canada Goose Holdings Inc. (GOOS), upgrading the stock to “Neutral”

    Infinity Pharmaceuticals Inc. (INFI) has won the favor of JPMorgan’s equity research team. The firm upgraded the shares from Underweight to Neutral

    CMS Energy Corporation (CMS) received an upgrade from analysts at Credit Suisse, who also set their one-year price target on the stock to $64. They changed their rating on CMS to Outperform from Neutral in a recently issued research note. 

    Earlier Friday Oppenheimer reduced its rating on New Relic Inc. (NEWR) stock to Perform from Outperform. 

    Wells Fargo analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Bruker Corporation (BRKR) has been changed to Equal Weight from Overweight and the new price target is set at $55. 

    Analysts at Raymond James downgraded Peloton Interactive Inc. (PTON)’s stock to Market Perform from Outperform Friday.

    Latest Insider Activity

    Palantir Technologies Inc. (PLTR) Karp Alexander C. announced the sale of shares taking place on Feb 02 at $31.59 for some 1,285,123 shares. The total came to more than $40.6 million. 

    Delta Air Lines Inc. (DAL) Int Co-CFO & SVP, Fin & Cntlr Carroll William C sold on Feb 02 a total of 19,481 shares at $38.55 on average. The insider’s sale generated proceeds of almost $0.1 million. 

    The Charles Schwab Corporation (SCHW) Director Ruffel Charles A. declared the purchase of shares taking place on Feb 04 at $54.08 for some 3,636 shares. The transaction amount was around $0.2 million. 

    Aurinia Pharmaceuticals Inc. (AUPH) Director Leversage Jill bought on Jan 29 a total 400 shares at $16.03 on average. The purchase cost the insider an estimated $6,412.

    Important Earnings

    Top US earnings releases scheduled for today include GrafTech International Ltd. (NYSE: EAF). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.4 per share from revenues of $300.16M in the three-month period. 

    Analysts expect Cardinal Health Inc. (NYSE: CAH) to report a net income (adjusted) of $1.44 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $41.44B. 

    Sanofi (SNY), due to announce earnings before the market opens today, is expected to report earnings of $0.69 per share from revenues of $11.39B recently concluded three-month period.

  • Early Morning Vibes: 4 Stocks We Like for Friday

    Early Morning Vibes: 4 Stocks We Like for Friday

    On January 14, the American stock indices closed in the red. The S&P 500 index dropped 0.38% to 3796 points, the NASDAQ dropped 0.12%, the Dow Jones lost 0.22%. The weakening of optimism was due to macrostats. The number of initial applications for unemployment benefits for the week unexpectedly rose to the highest in five months. However, the flow of capital to small-cap stocks continued, with the Russel 2000 up 2.05%. The energy sector was again the leader of growth (+ 3.01%), while the IT sector was down 0.95% under the influence of weak performance in FAANG shares.

    Corporate news

    Delta Air Lines (DAL: + 2.5%) quarterly report was stronger than investors expected as revenue outperformed forecast.

    BlackRock (BLK: -4.7%) posted better-than-expected revenue and bottom line, but capital inflows to funds were weak.

    Semiconductor manufacturer Taiwan Semiconductor Manufacturing (TSM: + 6.1%) raised its forecast for average revenue growth over the next five years to 10-15% from 5-10%. TSM’s quarterly report was overall better than forecast.

    Global stock markets are showing mixed dynamics. President-elect Joe Biden has unveiled a $ 1.9 trillion bailout package that will be funded by increasing government debt. The bulk of this amount will go to help households, including through direct payments to Americans in the amount of $ 1400. About $ 400 billion is expected to be allocated to fight the virus and a vaccination campaign. In February, Biden will unveil an addendum to the announced plan that will include infrastructure costs. However, investors were not too encouraged by this: S&P 500 futures are showing a slight decline. This is partly due to the fact that the presented program almost coincided with the expectations of market participants, who, at the same time, would like to hear more details about infrastructure costs.

    The scale of monetary stimulus, most likely, will not start to decrease soon. Fed Chairman Jerome Powell reiterated yesterday that rates will not be raised for a long time. The first hike is still expected in 2023. Powell noted that the Fed will start signaling plans to scale back its asset purchase program in advance.

    December retail sales data will be released today. A decrease of 0.2% m / m is expected after falling by 1.1% in November, which is associated with the preservation of a number of quarantine measures in the United States, restricting, in particular, the work of the catering sector. The data for January should reflect the effect of direct payments to the population at the end of December.

    JPMorgan Chase & Co (JPM) will report for the past quarter today. Earnings per share, according to general market expectations, should increase by 3.89% YoY to $ 2.67, and the bank’s non-interest segment revenue will increase by about 20% yoy. This rapid growth will be driven by increased operational activity in investment banking and trading. The bank’s net interest margin is forecast to plateau in the third quarter, so a trend reversal is likely in the fourth quarter report on the back of rising 10-year US government bond yields.

    Sentiment Index

    Sentiment Index from Freedom Finance unchanged at around 58 out of 100. The indicator reflects the hope of market participants for a recovery in the global economy in 2021. Concerns about the negative impact of the coronavirus pandemic are diminishing thanks to the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is still prone to short-term consolidation. During yesterday’s session, the broad market index tested its maximum and corrected. There is a risk of formation of a “double top” pattern, which will be conducive to correction. The RSI indicator remains close to the overbought zone, which limits the growth prospects.

    Today Top Movers

    BlackBerry Ltd (BB), a Software – Infrastructure company, soared about 19.65% ‎at $10.90 in pre-market trading Friday after the news of the patent sale to Huawei.‎

    Bionano Genomics Inc (BNGO) share price jumped 11.07% to $7.72 during the early morning ‎trading session on Friday.‎ The firm recently revealed that day three of its five-day Next-Generation Cytogenomics Symposium featured six Saphyr users presenting their results and experiences using the Saphyr® system for optical genome mapping (OGM) to analyze solid tumor genomes.

    Tilray Inc (TLRY) stock ascended 5.82% at $19.64 in the pre-market trading today.

    Sundial Growers Inc (SNDL) gained over 2.72% at $0.71 in pre-market ‎trading on Friday.‎ The firm lately revealed the launch of premium concentrates products under its top leaf brand.

    Top Upgrades & Downgrades

    Stifel turned bullish on Elastic N.V. (ESTC), upgrading the stock to “Buy” and assigning a $180.0 price target, representing a potential upside of 17.26% from Thursday’s close. 

    Raymond James Financial Inc. (RJF) has won the favor of Wells Fargo’s equity research team. The firm upgraded the shares from Underweight to Overweight and moved their price target to $120.0, suggesting 16.87% additional upside for the stock. 

    Emerson Electric Co. (EMR) received an upgrade from analysts at UBS, who also set their one-year price target on the stock to $100.0. They changed their rating on EMR to Buy from Neutral in a recently issued research note. 

    Earlier Friday KeyBanc reduced its rating on Axalta Coating Systems Ltd. (AXTA) stock to Sector Weight from Overweight. 

    BofA analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Vishay Intertechnology Inc (NYSE: VSH) has been changed to Underperform from Neutral. 

    Analysts at Barclays downgraded Everbridge Inc (NASDAQ: EVBG)’s stock to Neutral from Outperform Friday.

    Latest Insider Activity

    Wayfair Inc. (W) Chief Technology Officer Miller James R. announced the sale of shares taking place on Jan 13 at $300.00 for some 1,500 shares. The total came to more than $0.45 million. 

    GAN Limited (GAN) EVP, Chief Commercial Officer Berman Jeffrey Bruce sold on Jan 12 a total 60,000 shares at $24.00 on average. The insider’s sale generated proceeds of almost $1.44 million. 

    Aldeyra Therapeutics Inc. (ALDX) 10% Owner PERCEPTIVE ADVISORS LLC declared the purchase of shares taking place on Jan 08 at $9.34 for some 550,000 shares. The transaction amount was around $5.14 million. 

    At Home Group Inc. (HOME) 10% Owner SOSIN CLIFFORD bought on Jan 06 a total 11,078,735 shares at $17.55 on average. The purchase cost the insider an estimated $4.83 million.

    Important Earnings

    Top US earnings releases scheduled for today include Citigroup Inc. (NYSE:C). It will announce its Dec 2020 financial results. The company is expected to report earnings of $1.34 per share from revenues of $16.71B in the three-month period. 

    Analysts expect Wells Fargo & Company (NYSE:WFC) to report a net income (adjusted) of $0.6 per share, when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $18.13B. 

    JPMorgan Chase & Co. (JPM), due to announce earnings before the market opens today, is expected to report earnings of $2.62 per share from revenues of $28.7B recently concluded three-month period.

  • Early Morning Vibes: The 4 Best Stocks To Buy Now

    American stock markets ended trading largely in the green zone on January 13. The S&P 500 index improved to 3810 points by 0.23 percent, the NASDAQ gained 0.43 percent, the Dow Jones fell by a symbolic 0.03 percent.  In general, cyclical sectors seemed lower than the economy. The automotive and raw materials markets sunk. The oil and processing industries have dropped by 1.05%. In terms of trends during the last month, the real estate market gained 1.39 percent, but still ranks among the laggards.

    Company news

    Intel (INTC: + 7%) announced its CEO change. Beginning February 15, Bob Swan will be replaced by CEO of VMware (VMW: -6.8%).

    Retailer Target (TGT: -1.2%) reported strong sales during the holiday period, but expectations were high and saw stocks up 15% over the month.

    Alibaba (BABA: + 4.3%) gained support as the US government is unlikely to exclude the company’s securities from circulation on the NYSE.

    Mixed patterns are visible in global capital markets. The news would not carry new activity motors, investors wait to see until the beginning of the quarterly reporting season. President-elect Joe Biden today will deliver a $2 trillion rescue plan. There is also some insecurity regarding the proposals to boost the economy, such that the emergence of information raises market instability which may increase investor confidence.

    Yesterday, the House of Representatives of the United States voted to challenge Donald Trump, where the Democrats planned to achieve a clear majority. In expectation of new drivers, investors will be involved in the speech by FRS President Jerome Powell, who is speaking today on the possibility of modifying the programme for quantitative easing.

    Economic news

    Today, there are weekly data on the number of initial applications for unemployment benefits (forecast: growth to 795 thousand from 787 thousand a week earlier). The latest labor market report released on January 8 showed significant job losses in December. Labor market weakness will persist in the short term.

    Delta Airlines (DAL) will report for the fourth quarter. The consensus foresees a 67% decline in airline revenue to $ 3.77 billion. Delta CEO Ed Bastian said in early December that demand for flights was slowing down on the back of rising incidence of COVID-19.

    Sentiment Index

    The Freedom Finance Sentiment Index remained stable at about 58 out of 100. The measure represents market participants’ hope that the global economy will rebound in 2021. The possibility of widespread vaccination alleviates anxiety about the detrimental consequences of the coronavirus pandemic.

    Technical picture

    Technically, the S&P 500 is still prone to short-term consolidation, during yesterday’s session the situation has not changed. Buyers are showing strength, but the RSI remains close to the overbought zone, limiting growth prospects for now. In addition, in the area of ​​3825-3830 points, there is a strong resistance in the form of the upper border of the equidistant channel, which the broad market index needs to overcome to continue the upward movement.

    Today Top Movers

    Marathon Patent Group Inc (MARA), a digital asset technology company, ascended about 7.30% ‎at $24.68 in pre-market trading Thursday after the company declared a $250 million stock offering.‎

    Churchill Capital IV Corp (CCIV) share price gained 13.04% to $18.90 during the early morning ‎trading session on Thursday.‎‎

    Organogenesis Holdings Inc (ORGO) stock soared 38.96% at $10.20 in the pre-market trading today after reporting preliminary financial results for the three months and twelve months ended December 31, 2020.‎

    Polarityte Inc (PTE) jumped over 28.70% at $1.48 in pre-market ‎trading on Thursday following the declaration of a $10.0 million registered direct offering.‎

    Latest Insider Activity

    General Motors Company (GM) Executive Vice President & CIO MOTT RANDALL D announced the sale of shares taking place on Jan 12 at $48.01 for some 25,000 shares. The total came to more than $1.2 million. 

    Cinedigm Corp. (CIDM) Director Xu Peixin sold on Dec 31 a total 30,812,133 shares at $0.61 on average. The insider’s sale generated proceeds of almost $2.36 million. 

    Root Inc. (ROOT) 10% Owner Malka Meyer declared the purchase of shares taking place on Dec 30 at $16.55 for some 753,976 shares. The transaction amount was around $12.48 million. 

    Cerecor Inc. (CERC) Director ARMISTICE CAPITAL, LLC bought on Jan 08 a total 32,634,285 shares at $2.60 on average. The purchase cost the insider an estimated $6.5 million.

    Important Earnings

    Top US earnings releases scheduled for today include Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.94 per share from revenues of $12.91B in the three-month period. 

    Analysts expect Delta Air Lines Inc. (NYSE: DAL) to report a net income (adjusted) of -$2.51 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.6B. 

    Progress Software Corporation (PRGS), due to announce earnings after the market closes today, is expected to report earnings of $0.77 per share from revenues of $128.01M recently concluded three-month period.

  • How Do New Coronavirus Strains Impact Airline Stocks?

    How Do New Coronavirus Strains Impact Airline Stocks?

    Airlines stocks dropped Monday as more than two dozen nations restricted travel because of ‎the highly contagious ‎mutation of Covid-19 discovered in the U.K. and South Africa. British ‎officials sounded the alarm over what they ‎claimed was a quick-spreading strain of the virus ‎after discovering it in the U.K. Several countries have banned ‎flights from the U.K. or ‎travelers who visited that country. On Sunday, the Canadian government announced that ‎it ‎would suspend passenger flights from the United Kingdom for 72 hours.‎

    ‎ This ban just came ahead of the peak holiday season. As a result of the pandemic, U.S. ‎carriers burn more than ‎‎$180 million in cash daily, as passenger volumes are down roughly ‎‎70% from a year earlier.‎

    As a result of the new strain, said to be 70% more transmissible than the original, several ‎countries have suspended ‎Britain’s flights.

‎‎

    American Airlines Group Inc. (NASDAQ:AAL) shares were trading down -2.48% at $16.10 at ‎the time of writing on Monday.‎

    American Airlines Group Inc. (NASDAQ:AAL) share price went from a low point around ‎‎$8.25 to briefly over $30.78 in past 52 weeks, though shares have since pulled back to $16.10. AAL market cap has ‎remained high, hitting $9.91B at the time of writing, giving it price-to-sales ratio of more than 0.‎

    If we look at the recent analyst rating AAL, Deutsche Bank downgraded coverage on ‎‎AAL shares with a Hold rating and a $11.36 price target, which implies room for -4.74% ‎downside momentum this year.‎

    Alaska Air Group Inc. (ALK) last closed at $50.22, in a 52-week range of $20.02 to $69.63. ‎The company recently added more ‘sun and fun’ destinations from Anchorage. Analysts have a consensus price ‎target of $54.87.‎

    Azul S.A. (AZUL) stock drop by -4.49% to $21.46. On December 8, 2020, the company ‎declared its preliminary traffic results for November 2020. The most recent rating by Raymond James, on ‎December 10, 2020, is at a Mkt perform.‎

    Delta Air Lines Inc. (NYSE:DAL) Shares headed falling, lower as much as -1.33%. The most ‎recent rating by Deutsche Bank, on December 11, 2020, is at a Hold.‎

    Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) fall -6.12% after losing more than -$0.61 on ‎Monday after reporting that its subsidiary GOL Finance priced a private placement of US$200,000,000 ‎‎(approximately R$1,018,000,000) aggregate principal amount of 8.00% Senior Secured Notes due 2026. GOL ‎Finance Prices US$200 million of 8% Senior Secured Notes due 2026.‎

    Hawaiian Holdings Inc. (HA) last closed at $18.02, in a 52-week range of $7.55 to $31.11. ‎The company on December 16, 2020 published its inaugural Corporate Kuleana Report outlining progress ‎advancing a host of environmental, social and governance (ESG) initiatives. Analysts have a consensus price target ‎of $15.13.

    JetBlue Airways Corporation (JBLU) stock drop by -0.77% to $14.24. The airline recently ‎revealed a new seamless testing and verification procedure for customers traveling to Aruba as the airline, the ‎Aruban government, CommonPass, and the airline’s at-home testing partner, Vault, set plans to work together to ‎streamline travel. The most recent rating by JP Morgan, on December 16, 2020, is at an Underweight.

    Southwest Airlines Co. (NYSE:LUV) Shares headed falling, lower as much as -0.50%. The ‎most recent rating by Deutsche Bank, on December 11, 2020, is at a Hold.

    Spirit Airlines Inc. (NYSE:SAVE) fall -1.97% after losing more than -$0.51 on Monday.

    United Airlines Holdings Inc. (UAL) last closed at $44.06, in a 52-week range of $17.80 to ‎‎$90.57. A Message From Scott Kirby and Brett Hart. Analysts have a consensus price target of $47.00.

  • ‎26 stocks making the biggest moves premarket today

    ‎26 stocks making the biggest moves premarket today

    Mereo BioPharma Group plc (MREO) stock plunged -7.78% to $3.32 in the pre-‎market trading after declaring collaboration and license agreement with Ultragenyx Pharmaceutical ‎Inc. (RARE), for Setrusumab in Osteogenesis Imperfecta.‎

    Naked Brand Group Limited (NASDAQ: NAKD) shares are trading up ‎‎11.45% ‎at ‎‎$0.2044 at the time of writing. Company’s 52-week ranged between $0.07 to $3.70.‎

    Exela Technologies Inc. (XELA) is down more than -9.79% at $0.4128 in pre-market ‎hours Monday December 21, 2020 following the announcement from the firm that it has entered into ‎a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm. The ‎stock had jumped over 26.10% to $0.46 in the last trading session.‎

    Zomedica Corp. (ZOM) tumbled over -5.22% at $0.1959 in pre-market trading today.‎

    Before the trading started on December 21, 2020, BlackBerry Limited (BB) is down -‎‎3.17% to reach $6.73 after releasing financial results for the three months ended November 30, 2020. It ‎has been trading in a 52-week range of $2.70 to $9.69.‎

    General Electric Company (GE), a Specialty Industrial Machinery company, dropped ‎about -6.11% at $10.15 in pre-market trading Monday after announcing expiration and results of its ‎debt tender offers.‎

    Phunware Inc. (PHUN) lost over -10.38% at $0.95 in pre-‎‎market ‎trading ‎Monday ‎December 21, 2020.‎

    American Airlines Group Inc. (AAL) lost over -7.03% at $15.35 in pre-market trading ‎Monday December 21, 2020.‎

    Before the trading started on December 21, 2020, Carnival Corporation & Plc (CCL) is ‎down -9.79% to reach $19.36. It has been trading in a 52-week range of $7.80 to $51.94.‎

    FuelCell Energy Inc. (FCEL) stock moved down -4.3 percent to $8.9 in the pre-‎market trading after declaring that state regulators have improperly rescinded RFP awards for three ‎fuel cell projects previously selected in the Shared Clean Energy Facility program, putting its state high ‎tech manufacturing job growth at risk.‎

    Exicure Inc. (XCUR) stock soared 7.04% to $2.13 in the pre-‎‎market ‎trading. ‎The ‎most ‎recent rating by BMO Capital Markets, on December 18, 2020, is ‎an ‎Outperform.‎

    Genius Brands International Inc. (GNUS), a Entertainment company, rose about ‎‎3.18% at $1.62 in pre-market trading Monday. The firm recently revealed that it has licensed streaming ‎and select video-on-demand rights to the hit family series, The Wubbulous World of Dr. Seuss (20 x ‎‎22’), from The Jim Henson Company on Kartoon Channel!‎

    SolarWinds Corporation (NYSE: SWI) shares are trading ‎up ‎‎6.7% ‎at ‎‎$15.13 ‎at ‎the ‎time of writing. Company’s 52-week ranged between $11.50 ‎to ‎‎$24.34. ‎Analysts ‎have ‎a ‎consensus ‎price target of $26. ‎

    Norwegian Cruise Line Holdings Ltd. (NCLH) lost over -10.01% at $22.66 in pre-‎market trading Monday December 21, 2020 after reporting that it has closed its previously announced ‎private offering of $850 million aggregate principal amount of its 5.875% senior notes due 2026 (the ‎‎“Notes”).‎

    Before the trading started on December 21, 2020, Nokia Corporation (NOK) is down ‎‎-5.25% to reach $3.79. The company recently declared that it has launched 5G services with Polkomtel, ‎operator of the Plus network, in the capital city of Warsaw as well as other major cities in the eastern ‎part of the country. It has been trading in a 52-week range of $2.34 to $5.14.‎

    Corbus Pharmaceuticals Holdings Inc. (CRBP) is up more than 12.0% at $1.68 in pre-‎‎‎‎‎‎‎‎market hours Monday December 21, 2020. The stock had jumped ‎over ‎‎11.11% ‎to ‎‎$1.50 ‎in ‎the ‎last ‎trading session.‎

    Schlumberger Limited (NYSE: SLB) shares are trading down -6.95% at $20.76 at the ‎time of writing. The firm will hold a conference call on January 22, 2021 to discuss the results for the ‎fourth quarter and full year ending December 31, 2020. Company’s 52-week ranged between $11.87 to ‎‎$41.14.‎

    Exxon Mobil Corporation (NYSE: XOM) shares are trading down -5.27% ‎at ‎‎$40.48 ‎at ‎the time of writing. Company’s 52-week ranged between $30.11 to $71.37. Analysts ‎have ‎a ‎consensus ‎price target of $52.‎

    Transocean Ltd. (RIG) is down more than -14.92% at $2.11 in pre-market hours ‎Monday December 21, 2020 after announcing successful court ruling granting its motion for summary ‎judgment and holding internal reorganization did not violate indenture. The stock had dropped over -‎‎3.50% to $2.48 in the last trading session.‎

    Simon Property Group Inc. (SPG) tumbled over -5.07% at $81.1 in pre-market ‎trading today. The firm recently declared a common stock dividend for the fourth quarter 2020.‎

    Energy Transfer LP (ET), a Oil & Gas Midstream company, dropped about -‎‎‎‎5.9% ‎at ‎‎$6.38 in pre-market trading Monday.‎

    Cinedigm Corp. (CIDM) stock moved up 4.11 percent to $0.798 in the pre-market ‎trading after revealing the launch of The Bob Ross Channel on the Roku platform.‎

    Before the trading started on December 21, 2020, Coty Inc. (COTY) is down -6.15% ‎to reach $6.56. The company lately reported two additions to its Board of Directors with the ‎appointments of Anna Adeola Makanju and Mariasun Aramburuzabala Larregui. It has been trading in ‎a 52-week range of $2.65 to $13.01.‎

    JPMorgan Chase & Co. (JPM) gained over 2.24% at $121.75 in pre-‎‎‎‎market ‎trading ‎Monday December 21, 2020. ‎

    Apache Corporation (NASDAQ: APA) shares are trading down -11.29% at $13.6 at ‎the time of writing after announcing the donation of more than 64,000 trees to 56 nonprofit partner ‎organizations through the annual Apache Tree Grant Program. Company’s 52-week ranged between ‎‎$3.80 to $33.77. Analysts have a consensus price target of $16.‎

  • 12 Airlines Stock You Should Add In Your Portfolio

    12 Airlines Stock You Should Add In Your Portfolio

    Airline Industry has faced many challenges as the coronavirus pandemic has impacted the demand of the travel industry. This year the airline traffic is half as compared to the 2019 traffic due to the travel restrictions across the world. But this industry is finally recovering from the impact of the novel coronavirus. Steadily the demands are increasing. This industry has experienced many hurdles in the previous year as well but the airline industry has changed those challenges into opportunities.

    In the airline sector not only airlines are competing against one another but so are airports. There are various emerging trends that would be helpful for this industry in the coming years. Emerging trends include the utilization of airports, a more paperless and trustworthy system, biometrics and designed security, etc.

    Here are 12 leading airline companies you should keep your eyes on:

    American Airlines Group Inc. (NASDAQ: AAL)

    American Airlines Group Inc. (NASDAQ: AAL) shares were trading up 3.18% at $13.15 at the time of writing on Thursday.  American Airlines Group Inc. (NASDAQ: AAL) share price went from a low point around $8.25 to briefly over $31.67 in the past 52 weeks, though shares have since pulled back to $13.15. AAL market cap has remained high, hitting $6.56B at the time of writing, giving it a price-to-sales ratio of more than 0.

    American Airlines Group Inc. (AAL) has disclosed earlier that it has renewed distribution agreement with Sabre Corporation.   If we look at the recent analyst rating AAL, Susquehanna downgraded coverage on AAL shares with a Negative rating and an $11.25 price target, which implies room for -1.9% downside momentum this year.

    United Airlines Holdings Inc. (NASDAQ: UAL)

    United Airlines Holdings Inc. (NASDAQ: UAL) stock soar by 4.78% to $37.24. The most recent rating by Barclays, on October 12, 2020, is at an Equal-weight. United Airlines Holdings Inc. (UAL) has announced its winter schedule. United Airlines has added eight new routes and added flight to 19 destinations in Mexico, Latin America, and the Caribbean. This company’s market capitalization has remained high, hitting $10.86 billion at the time of writing.

    JetBlue Airways Corporation (NASDAQ: JBLU)

    JetBlue Airways Corporation (NASDAQ: JBLU) shares headed rising, higher as much as 8.97% after JetBlue announced an update on Negotiations with TWU. The most recent rating by JP Morgan, on October 07, 2020, is at an Overweight. JetBlue Airways Corporation (JBLU) has announced it will introduce a new nonstop winter seasonal service to Telluride, Colo. Looking at its liquidity, it has a current ratio of 0.90.

    Spirit Airlines Inc. (NYSE: SAVE)

    Spirit Airlines Inc. (NYSE: SAVE) rose 9.45% after gaining more than $1.55 on Thursday. Spirit Airlines Unveils All-New Free Spirit® Loyalty Program with the Fastest Way to Earn Rewards and Status. Spirit Airlines Inc. (SAVE) share price went from a low point around $6.61 to briefly over $21.65 in the past 52 weeks. SAVE market cap has remained high, hitting $3.56 Billion at the time of writing.

    Southwest Airlines Co. (NYSE: LUV)

    Southwest Airlines Co. (NYSE: LUV) last closed at $41.93, in a 52-week range of $22.47 to $58.83. Southwest has announced Third Quarter 2020 Results. Analysts have a consensus price target of $45.47. Southwest Airlines Co. (LUV) has moved up 86.65% from its 52-weeks low and moved down -28.73% from its 52-weeks low. Looking at liquidity, it has a current ratio of 1.70. This company market capitalization has remained high, hitting $24.18 billion at the time of writing.

    Alaska Air Group Inc. (NYSE: ALK)

    Alaska Air Group Inc. (NYSE: ALK) Shares headed rising, higher as much as 2.27% after Alaska Airlines and Microsoft sign partnership to reduce carbon emissions with flights powered by sustainable aviation fuel in key routes. The most recent rating by Susquehanna, on October 13, 2020, is at a Positive. Alaska Air Group Inc. (ALK) market capitalization has remained high, hitting $4.85 billion at the time of writing.

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL)

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) last closed at $7.07, in a 52-week range of $1.85 to $19.36. ROSEN, A TRUSTED AND LONGSTANDING LAW FIRM, Reminds Gol Linhas Aéreas Inteligentes S.A. Investors of Important November 10 Deadline in Securities Class Action First Filed by Firm – GOL. Analysts have a consensus price target of $10.70. Gol Linhas Aereas Inteligentes S.A. (GOL) has a total market capitalization of $996.23 million at the time of writing.

    Hawaiian Holdings Inc. (NASDAQ: HA)

    Hawaiian Holdings Inc. (NASDAQ: HA) stock soar by 17.56% to $16.40. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Neutral. Hawaiian Holdings Inc. (HA) has announced its plan that it is scheduled to share its third-quarter 2020 financial results on October 27, 2020.

    Controladora Vuela Compania de Aviacion S.A.B. de C.V. (NYSE: VLRS)

    Controladora Vuela Compania de Aviacion S.A.B. de C.V. (VLRS) stock soar by 5.91% to $9.14. The most recent rating by Goldman, on October 01, 2020, is at a Buy. Controladora Vuela Compania de Aviacion S.A.B. de C.V. (VLRS) has announced its 2020 third-quarter result earlier. This company’s total market cap has remained high, hitting $826.90 million at the time of writing.

    Ryanair Holdings plc (NASDAQ: RYAAY)

    Ryanair Holdings plc (NASDAQ: RYAAY) shares headed rising, higher as much as 4.86%. The most recent rating by Raymond James, on September 04, 2020, is at an Outperform. Ryanair Holdings plc (NASDAQ: RYAAY) expects troubled 737 MAX aircraft of Boeing to return to service in the United States in the next month or so, paving the way for the Irish low-cost carrier to start receiving planes in early 2021, a senior executive said on Friday.

    Delta Air Lines Inc. (NYSE: DAL)

    Delta Air Lines Inc. (NYSE: DAL) last closed at $33.72, in a 52-week range of $17.51 to $62.48. Analysts have a consensus price target of $39.00. Delta Air Lines Inc. (DAL) has moved up 92.58% from its 52-weeks low and moved down -46.03% from its 52-weeks low. Looking at liquidity, it has a current ratio of 1.30. This company market capitalization has remained high, hitting $21.42 billion at the time of writing.

    Azul S.A. (NYSE: AZUL)

    Azul S.A. (NYSE: AZUL) rose 3.66% after gaining more than $0.51 on Thursday. Azul S.A. (AZUL) share price went from a low point around $5.30 to briefly over $44.55 in the past 52 weeks, though shares have since pulled back to $14.44. AZUL market cap has remained high, hitting $1.61B at the time of writing.

  • Top 18 Airlines Stocks You Should Consider Buying

    Top 18 Airlines Stocks You Should Consider Buying

    The airline industry has experienced a major hit because of the COVID-19 pandemic. Before the pandemic, the airline industry recorded a higher passenger volume but after the pandemic, the industry is facing a new environment where the traveler’s demands are down. The airline industry is using the discounting price strategy to increase its demands.

    The airline industry should get benefits from digital opportunities to navigate this uncertain period and ensure the smooth re-establishment of air travel. This industry is currently striving to attract new customers by adopting new emerging trends.  Here are the top 18 companies which are following new trends to compete in the fast-growing markets.

    American Airlines Group Inc. (NASDAQ: AAL)

    American Airlines Group Inc. (NASDAQ: AAL) shares were trading up 0.65% at $13.15 at the time of writing on Thursday. American Airlines Group Inc. (NASDAQ: AAL) share price went from a low point around $8.25 to briefly over $31.67 in the past 52 weeks, though shares have since pulled back to $13.15. AAL market cap has remained high, hitting $6.47B at the time of writing, giving it a price-to-sales ratio of more than 0.

    American Airlines announced Thursday the addition of Douglas M. Steenland to its board of directors. Douglas will also work on the finance and compensation committees of the company. If we look at the recent analyst rating AAL, Berenberg downgraded coverage on AAL shares with a Sell rating and an $11.38 price target, which implies room for -1.77% downside momentum this year.

    Allegiant Travel Company (NASDAQ: ALGT)

    Allegiant Travel Company (NASDAQ: ALGT) last closed at $121.78, in a 52-week range of $60.06 to $183.26. Allegiant Reports September 2020 Traffic. Analysts have a consensus price target of $146.75. Allegiant Travel Company (ALGT) earlier disclosed the private offering and issued $150.0 million in aggregate principal amount of its 8.500% Senior Secured Notes due 2024. This company market capitalization has remained high, hitting $1.95 billion at the time of writing.

    Alaska Air Group Inc. (NYSE: ALK)

    Alaska Air Group Inc. (NYSE: ALK) stock soar by 4.35% to $38.63. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Buy. Sources disclosed that The Boeing Company (BA) is in discussion with Alaska Air Group Inc. (ALK) regarding the purchase of 737 MAX jets once the plane will continue services. Looking at its liquidity, it has a current ratio of 0.80.

    Azul S.A. (NYSE: AZUL)

    Azul S.A. (NYSE: AZUL) Shares headed rising, higher as much as 2.11%. The most recent rating by Goldman, on October 01, 2020, is at a Buy. Azul S.A. (AZUL) revealed in a security filing that one of its Embraer 195 has received certifications fly as an adapted dedicated cargo aircraft, as the company expands its business amid the coronavirus crisis. This company market capitalization has remained high, hitting $1.57 billion at the time of writing.

    Delta Air Lines Inc. (NYSE: DAL)

    Delta Air Lines Inc. (DAL) stock soar by 1.65% to $32.68. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Buy. Delta Air Lines Inc. (DAL) is scheduled to release the September quarter 2020 financial results on October 13, 2020. Looking at its profitability, it has return on assets, equity, investment of -5.40%, -27.40%, and 19.60%.

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL)

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) shares headed rising, higher as much as 2.45%. The most recent rating by Goldman, on October 01, 2020, is at a Buy. Gol Linhas Aereas Inteligentes S.A. (GOL) has revealed the preliminary traffic figure for the month of September 2020 earlier. The company disclosed that GOL has operated an average of 270 flights per day. This company market capitalization has remained high, hitting $934.47 million at the time of writing.

    Hawaiian Holdings Inc. (NASDAQ: HA)

    Hawaiian Holdings Inc. (NASDAQ: HA) rose 3.09% after gaining more than $0.41 on Thursday. Hawaiian Holdings Inc. (HA) disclosed that they have decided to offer a pre-travel COVID-19 test to travelers visiting or returning to the Hawaiian Island. It has moved up 80.93% from its 52-weeks low and moved down -56.41% from its 52-weeks low. Looking at its liquidity, it has a current ratio of 0.90.

    JetBlue Airways Corporation (NASDAQ: JBLU)

    JetBlue Airways Corporation (JBLU) last closed at $12.75, in a 52-week range of $6.61 to $21.65. Analysts have a consensus price target of $12.71. JetBlue Airways has disclosed that it has partnered with Vault Health to offer COVID-19 testing to customers with a pending travel plan. This company’s market capitalization has remained high, hitting $3.38 billion at the time of writing.

    Southwest Airlines Co. (NYSE: LUV)

    Southwest Airlines Co. (LUV) stock soar by 1.04% to $38.99 after Southwest Airlines Announces New Service to Miami, Palm Springs, and Montrose (Telluride), Colorado, with one-way fares as low as $39. The most recent rating by JP Morgan, on October 07, 2020, is at an Underweight.

    Ryanair Holdings plc (NASDAQ: RYAAY)

    Ryanair Holdings plc (NASDAQ: RYAAY) rose 1.41% after gaining more than $1.23 on Thursday. Ryanair Holdings plc (RYAAY) has revealed that it has planned to get the current order of up to 210 of Boeing’s troubled 737 MAX next year. Looking at its liquidity, it has a current ratio of 0.70. Ryanair had a trading volume of 281.07K as compared to the average volume of 577.65K.

    Spirit Airlines Inc. (NYSE: SAVE)

    Spirit Airlines Inc. (NYSE: SAVE) last closed at $17.04, in a 52-week range of $7.01 to $47.50. Analysts have a consensus price target of $18.46. Spirit Airlines Inc. (SAVE) announced the resumption of flights from Cap-Haitien International Airport (CAP) to Fort Lauderdale-Hollywood International Airport (FLL), beginning on Dec. 3. This company market capitalization has remained high, hitting $1.48 billion at the time of writing.

    SkyWest Inc. (SKYW)

    SkyWest Inc. (SKYW) stock soar by 0.16% to $31.50. The most recent rating by Evercore ISI, on June 05, 2020, is at an In-line. SkyWest Inc. (SKYW) revealed that it and its wholly-owned subsidiary SkyWest Airlines, Inc. have signed a five-year Loan and Guarantee Agreement with the U.S. Treasury Department which provides SkyWest Airlines with a secured term loan facility to borrow up to $573 million under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

    Mesa Air Group Inc. (NASDAQ: MESA)

    Mesa Air Group Inc. (NASDAQ: MESA) Shares headed rising, higher as much as 11.92% after Mesa Air Group Operates First Revenue Cargo Flight for DHL Express. The most recent rating by Deutsche Bank, on August 11, 2020, is at a Buy.

    Controladora Vuela Compania de Aviacion S.A.B. de C.V. (NYSE: VLRS)

    Controladora Vuela Compania de Aviacion S.A.B. de C.V. (NYSE: VLRS) rose 1.29% after gaining more than $0.1 on Thursday. Controladora Vuela Compania de Aviacion S.A.B. de C.V. Volaris has earlier announced that it determined that as of June 30, 2020, certain of its non-derivative financial instruments designated as hedging relationships were no longer effective at offsetting the hedged risk.

    China Eastern Airlines Corporation Limited (NYSE: CEA)

    China Eastern Airlines Corporation Limited (NYSE: CEA) rose 3.32% after gaining more than $0.73 on Thursday. China Eastern Airlines Corporation Limited (CEA) share price went from a low point around $15.80 to briefly over $28.50 in past 52 weeks, though shares have since pulled back to $22.71. CEA market cap has remained high, hitting $10.87 billion at the time of writing.

    Copa Holdings S.A. (NYSE: CPA)

    Copa Holdings S.A. (NYSE: CPA) last closed at $52.68, in a 52-week range of $24.00 to $116.88. Analysts have a consensus price target of $68.84. Copa Holdings S.A. (CPA) has moved up 119.50% from its 52-weeks low and moved down -54.93% from its 52-weeks low. Looking at its liquidity, it has a current ratio of 1.60. This company market capitalization has remained high, hitting $2.30 billion.

    United Airlines Holdings Inc. (NASDAQ: UAL)

    United Airlines Holdings Inc. (NASDAQ: UAL) Shares headed rising, higher as much as 1.70%. The most recent rating by JP Morgan, on October 07, 2020, is at an Overweight. United Airlines Holdings Inc. share price went from a low point around $17.80 to briefly over $95.16 in the past 52 weeks, though shares have since pulled back to $38.00. UAL market cap has remained high, hitting $10.52 B at the time of writing.

    China Southern Airlines Company Limited (NYSE: ZNH)

    China Southern Airlines Company Limited (NYSE: ZNH) last closed at $28.38, in a 52-week range of $18.45 to $35.60. China Southern Airlines Company Limited market capitalization has remained high, hitting $12.25 billion at the time of writing.

     

  • Top 12 Best Airlines Stocks That Can Be A Good Bets

    Top 12 Best Airlines Stocks That Can Be A Good Bets

    The impact of COID-19 on various industries is severe but the airline industry has experienced a major hit because of this pandemic. The airline industry is now using the discounting ticket price strategy to boost demands. This industry is much challenged and in previous years airlines have been able to utilize those challenges and to convert them into profitable opportunities.

    The airline industry is exploring new ways to increase its market shares. The industry is currently adapting the new emerging technologies, continuously evaluating their marketing and operational strategies, and adapting the new market trends to compete in the market and to gain a competitive edge in the fast-growing market where innovation and uniqueness is the only option for survival. If we look at the broader way not only airlines are competing against each other, but the different airports are also competing.

    Here are the 12 top leading airlines companies which are adopting new trends so that they can better encounter obstacles and beat their competitors:

    American Airlines Group Inc. (NASDAQ: AAL)

    American Airlines Group Inc. (NASDAQ: AAL) shares were trading down -4.00% at $12.25 at the time of writing on Tuesday. American Airlines Group Inc. (NASDAQ: AAL) share price went from a low point around $8.25 to briefly over $31.67 in the past 52 weeks, though shares have since pulled back to $12.25. AAL market cap has remained high, hitting $5.97B at the time of writing, giving it a price-to-sales ratio of more than 0.

    American Airlines Group Inc. revealed on Friday that it has received a $5.5 billion government loan and could acquire $2 billion more in October depending on how the U.S. Treasury allocates extra funds under a $25 billion loan package for airlines. If we look at the recent analyst rating AAL, Berenberg downgraded coverage on AAL shares with a Sell rating and an $11.31 price target, which implies room for -0.94% downside momentum this year.

    United Airlines Holdings Inc. (NASDAQ: UAL)

    United Airlines Holdings Inc. (NASDAQ: UAL) last closed at $34.51, in a 52-week range of $17.80 to $95.16. Analysts have a consensus price target of $40.75. United Airlines Holdings Inc. (UAL) revealed earlier that its pilots voted on Monday to accept a deal that would stop 2,850 furloughs set for Thursday, while thousands of other U.S. airline employees are hoping Congress will expand federal aid to save their jobs. UAL is the first airline that introduced a COVID-19 pilot testing program for travelers. This step is important for the airline to gain a competitive edge.

    Delta Air Lines Inc. (NYSE: DAL)

    Delta Air Lines Inc. (NYSE: DAL) stock drop by -2.33% to $30.61. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Buy. Delta Air Lines Inc. (DAL) has earlier took a major step after the airline has disclosed that it has postponed a decision on whether to furlough pilots until at least Nov. 1, allowing time for the industry and its workers to lobby for additional government assistance.

    JetBlue Airways Corporation (NASDAQ: JBLU)

    JetBlue Airways Corporation (NASDAQ: JBLU) Shares headed falling, lower as much as -4.44%. The most recent rating by Morgan Stanley, on September 08, 2020, is at an Overweight. JetBlue Airways Corporation (JBLU) has previously revealed that it will deliver some extra cheer to customers by starting the holiday season early in September. JetBlue has also signed a partnership contract with Vault Health to make COVID-19 testing widely available to customers with pending travel plans.

    Spirit Airlines Inc. (NYSE: SAVE)

    Spirit Airlines Inc. (NYSE: SAVE) fall -3.09% after losing more than -$0.51 on Tuesday. Previously, Spirit Airlines Inc. (SAVE) announced the closing of a private offering of $850 million in principal amount of 8.00% senior secured notes due 2025 offered by two newly formed Spirit subsidiaries. This airline has a market capitalization of $1.38 billion at the time of writing.

    Southwest Airlines Co. (NYSE: LUV)

    Southwest Airlines Co. (NYSE: LUV) last closed at $37.61, in a 52-week range of $22.47 to $58.83. Analysts have a consensus price target of $43.80.  Southwest Airlines Co. (LUV) has disclosed specific goals for increasing diversity in Leadership and continuing its commitment to inclusion. Southwest Airlines has moved up 67.42% from its 52-weeks low and moved down -36.07% from its 52-weeks high.

    Azul S.A. (NYSE: AZUL)

    Azul S.A. (NYSE: AZUL) stock drop by -7.90% to $12.70. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Neutral. Azul S.A. (AZUL) revealed on late Sunday in a security filing that one of its Embraer E195 has been certified to fly as an adapted dedicated cargo aircraft, as the company diversifies its business amid the coronavirus crisis.

    Alaska Air Group Inc. (NYSE: ALK)

    Alaska Air Group Inc. (NYSE: ALK) fall -2.32% after losing more than -$0.87 on Tuesday. The nonprofit Alaska Airlines Foundation has awarded $430,000 in LIFT grants to 41 nonprofits in Alaska, California, Hawaii, Oregon, and Washington. The Foundation has donated $750,000 this year to organizations in communities served by Alaska Airlines with the proceeds from grants.

    Hawaiian Holdings Inc. (NASDAQ: HA)

    Hawaiian Holdings Inc. (NASDAQ: HA) stock drop by -3.89% to $12.86. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Neutral. Hawaiian Holdings Inc. (HA) is preparing to offer Guests Drive-through pre-travel COVID-19 tests. Hawaiian’s partnership with Worksite Labs will give guests exclusive access to drive-through PCR testing from dedicated, conveniently located labs.

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL)

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) shares headed falling, lower as much as -6.09%. The most recent rating by Seaport Global Securities, on September 15, 2020, is at a Neutral. Gol Linhas Aereas Inteligentes S.A. (GOL) share price went from a low point around $1.85 to briefly over $19.36 in the past 52 weeks, though shares have since pulled back to $5.86. GOL market cap has remained high, hitting $810.38 Million at the time of writing.

    Copa Holdings S.A. (NYSE: CPA)

    Copa Holdings S.A. (NYSE: CPA) last closed at $50.40, in a 52-week range of $24.00 to $116.88. Analysts have a consensus price target of $69.21. Copa Holdings S.A. (CPA) has moved up 110.00% from its 52-weeks low and moved down -56.88% from its 52-weeks high. This company market capitalization has remained high, hitting $2.08 billion at the time of writing.

    Ryanair Holdings plc (NASDAQ: RYAAY)

    Ryanair Holdings plc (NASDAQ: RYAAY) Shares headed falling, lower as much as -1.09%. The most recent rating by Raymond James, on September 04, 2020, is at an Outperform.  Ryanair Holdings plc (RYAAY) market capitalization has remained high, hitting $14.69 billion at the time of writing.

  • 15 Trending Stocks In Airlines Industry That Need Your Attention

    15 Trending Stocks In Airlines Industry That Need Your Attention

    The trajectory of the Airline industry is pretty much like that of an aircraft. If we look at its growth sometimes it takes off high skies and sometimes reached ground level. The survival of the airline industry is between the highs & lows and it is growing by adopting the new emerging trends.

    In the past years, the airline industry has faced many challenges and used those challenges as its opportunities to survive. The airline industry is updating its current system and constantly analyzing their operations and marketing strategies. The industry must be prepared to adapt new trends so that they can face obstacles and outperform their competition.

    Let’s have a quick look at the top 15 leading companies that are following new trends:

    American Airlines Group Inc. (NASDAQ: AAL)

    American Airlines Group Inc. (NASDAQ: AAL) shares were trading up 1.87% at $13.61 at the time of writing on Friday. American Airlines Group Inc. (NASDAQ: AAL) share price went from a low point around $8.25 to briefly over $31.67 in the past 52 weeks, though shares have since pulled back to $13.61. AAL market cap has remained high, hitting $6.79B at the time of writing, giving it a price-to-sales ratio of more than 0.

    American Airlines Group Inc. (AAL) has earlier announced that President Robert Isom will participate in the 2020 Cowen Global Transportation & Sustainable Mobility Conference on Sept. 9. If we look at the recent analyst rating AAL, Berenberg downgraded coverage on AAL shares with a Sell rating and an $11.31 price target, which implies room for -2.3% downside momentum this year.

    United Airlines Holdings Inc. (NASDAQ: UAL)

    United Airlines Holdings Inc. (NASDAQ: UAL) last closed at $38.21, in a 52-week range of $17.80 to $95.16. Analysts have a consensus price target of $41.53. United Airlines Holdings Inc. (UAL) has revealed that it is planning to restart service on nearly 50 domestic and 23 international routes. It has announced that it anticipates flying in 34% of the full schedule flown at the same time a year ago. UAL also decided to operate 40% of its schedule in October. The airline is expecting to saw an increase in growth because of the improvement in leisure travel. It has earlier named Mike Hanna as its new senior vice president of Airport Operations.

    Delta Air Lines Inc. (NYSE: DAL)

    Delta Air Lines Inc. (NYSE: DAL) stock soar by 1.76% to $31.77. The most recent rating by Berenberg, on September 02, 2020, is at a Hold. Delta Air Lines Inc. (DAL) has previously disclosed that it is permanently dropping domestic change fees following an announcement by rival United Airlines. Atlanta-based Delta said the removal of change fees will be implemented immediately and includes tickets purchased for travel within the United States, Puerto Rico, and U.S. Virgin Islands.

    Southwest Airlines Co. (NYSE: LUV) 

    Southwest Airlines Co. (NYSE: LUV) Shares headed rising, higher as much as 1.68%. The most recent rating by Berenberg, on September 02, 2020, is at a Buy. Southwest Airlines Co. (LUV) revealed earlier that it has decided to add two new destinations as the US customers are gradually resuming leisure travel.  The company will provide services to both Miami International Airport and Palms Springs International Airport. The decision was taken to increase the revenue amid the critical time.

    Spirit Airlines Inc. (NYSE: SAVE)

    Spirit Airlines Inc. (NYSE: SAVE) rose 0.85% after gaining more than $0.15 on Friday. Spirit Airlines Inc. (SAVE) has previously announced that it has launched biometric check-ins in its ticket lobby at Chicago’s O’Hare airport to make the check-in process effective and reduce face-to-face interactions between its employees and passengers during the pandemic. It has also revealed that it is planning to add to Las Vegas and Oakland from John Wayne Airport (SNA), in Orange County, CA.

    Alaska Air Group Inc. (NYSE: ALK)

    Alaska Air Group Inc. (NYSE: ALK) stock soar by 1.06% to $40.82. The most recent rating by BofA/Merrill, on June 08, 2020, is at a Buy. Alaska Air Group Inc. (ALK) has also joined its rival to eliminate the ticket change fees. Previously, it has charged $125 for changes to domestic and international tickets. The changes will be applied to all tickets except Saver fares. The subsidiary of ALK Alaska Airlines announced plans of adding new seasonal routes to Jackson Hole, Wyo to take advantage of the improvement in leisure air travel demand.

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL)

    Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) rose 3.98% after gaining more than $0.29 on Friday. GOL discloses preliminary traffic figures for August 2020. Gol Linhas Aereas Inteligentes S.A. (NYSE: GOL) has disclosed its preliminary air traffic figures for the month of August 2020. In August, GOL has operated 190 flights per day. It has reopened four bases including Campina Grande, Caxias do Sul, Marabá, and Montes Claros. GOL has also added 51 daily frequencies in its main hubs at the Guarulhos, (São Paulo) and Galeão (Rio de Janeiro) airports

    Hawaiian Holdings Inc. (NASDAQ: HA)

    Hawaiian Holdings Inc. (HA) last closed at $13.84, in a 52-week range of $7.55 to $31.34. Analysts have a consensus price target of $13.38. The wholly-owned subsidiary of Hawaiian Holdings Inc. (HA) has implemented the new move. It has announced the removal of change fees on its flight from Sep 3 onward. The decision is taken to attract more customers amid critical times.

    Controladora Vuela Compania de Aviacion S.A.B. de C.V. (NYSE: VLRS)

    Controladora Vuela Compania de Aviacion S.A.B. de C.V. (NYSE: VLRS) last closed at $8.26, in a 52-week range of $2.94 to $13.45. Analysts have a consensus price target of $7.65. Controladora Vuela Compania de Aviacion S.A.B. de C.V. (VLRS) has earlier reported the preliminary traffic results of August 2020. Its capacity measured by ASMs (Available Seat Miles) was 78.6%. Demand measured by RPMs (Revenue Passenger Miles) was 68.4% of last year’s. It has transported the 1.2 million passengers during the month of August 2020. The Booked load factor for August 2020 was 72.6%.

    JetBlue Airways Corporation (NASDAQ: JBLU)

    JetBlue Airways Corporation (NASDAQ: JBLU) last closed at $12.13, in a 52-week range of $6.61 to $21.65. Analysts have a consensus price target of $12.00. JetBlue Airways Corporation (JBLU) has moved up 83.51% from its 52-weeks low and moved down -43.97% from its 52-weeks high. JetBlue Airways Corporation (JBLU) market capitalization has remained high, hitting $3.20 billion at the time of writing.

    Azul S.A. (NYSE: AZUL)

    Azul S.A. (NYSE: AZUL) Shares headed rising, higher as much as 2.19%. The most recent rating by Raymond James, on September 04, 2020, is at an Outperform. Azul S.A share has fluctuated between the low of $5.30 and a high of $44.55. It has moved up 164.34% from its 52-weeks low and moved down -68.55% from its 52-weeks high.

    Ryanair Holdings plc (NASDAQ: RYAAY)

    Ryanair Holdings plc (NASDAQ: RYAAY) stock soar by 3.05% to $83.21. The most recent rating by Raymond James, on September 04, 2020, is at an Outperform. Ryanair Holdings plc (RYAAY) is preparing for its first euro bond sale since 2017. It has announced it will talk to its investors about a potential five-year bond of at least 500 million euros ($592 million). Ryanair’s Michael O’Leary’s offered 458,000 euro ($540,600) annual bonus came under fire on Friday, as many investor advisory firms requested shareholders to oppose the package in a non-binding vote later this month.

    SkyWest Inc. (NASDAQ: SKYW)

    SkyWest Inc. (NASDAQ: SKYW) Shares headed rising, higher as much as 3.05%. The most recent rating by Evercore ISI, on June 05, 2020, is at an In-line. SkyWest Inc. (SKYW) has a 52-weeks low and high range of $10.58 and $66.52, respectively. It has traded up 234.97% from its 52-weeks low and moved down -46.72% from its 52-weeks high. SkyWest Inc has a total market capitalization of $1.73 billion at the time of writing.

    Mesa Air Group Inc. (NASDAQ: MESA)

    Mesa Air Group Inc. (NASDAQ: MESA) fall -0.84% after losing more than -$0.03 on Friday. Mesa Air Group Inc. (NASDAQ: MESA) stock has fluctuated between the low of $2.05 and a high of $9.65. It has experienced a rise of 72.20% from its 52-weeks low and an increase of -63.42%. MESA market capitalization has remained high, hitting $126.09 million at the time of writing.

    Copa Holdings S.A. (CPA)

    Copa Holdings S.A. (CPA) stock soar by 1.86% to $54.15. The most recent rating by Raymond James, on June 22, 2020, is at an Outperform. Copa Holdings S.A. (CPA) has a 52-weeks low range of $24.00 and a high range of $116.8. It has moved up 125.63% from its 52-weeks low and moved down -53.67% from its 52-weeks high. Copa Holdings has a total market capitalization of $2.25 billion at the time of writing.