Momentum Stocks in Concentration: Delta Air Lines, Inc. (NYSE:DAL), Electronic Arts Inc. (NASDAQ:EA)

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Delta Air Lines, Inc. (NYSE:DAL)

Delta Air Lines, Inc. is a major American airline with its headquarters on the northern boundary of Hartsfield-Jackson Atlanta International Airport, within the city limits of Atlanta. Delta started operation by crop dusting and flying mail and then introduced passenger service. Delta’s business is focused on making global connections, flying people and cargo throughout the United States and around the world. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta Air Lines and the Delta Connection carriers offer service to nearly 370 destinations on six continents. Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic.

Delta Air Lines, Inc. (NYSE:DAL)’s Financial Overview

Delta Air Lines, Inc. (NYSE) surged 2.38% yesterday to close its trading session at $56.79. The company has 1 year Price Target of $68. Delta Air Lines, Inc. has 52-Week high of $60.79 and 52-Week Low of $48.33. The stock touched its 52-Week High on 60.79 and 52-Week Low on 48.33. The stock traded with the volume of 7.2 Million shares yesterday. The firm shows the market capitalization of $38.88 Billion.

Delta Air Lines, Inc. (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $1.8/share against the analyst consensus estimate of $1.74/share. The difference between the actual and expected EPS is $0.06 a share with a surprise factor of 3.4%.

The firm is trading with SMA20 of 5.94 Percent, SMA50 of 2.18 Percent and SMA200 of 4.88 percent. Delta Air Lines, Inc. has P/S value of 0.88 while its P/B value stands at 2.84. Similarly, the company has Return on Assets of 6.3 percent, Return on Equity of 26.8 percent and Return on Investment of 19.4 Percent. The company shows Gross Margin and Operating Margin of 53.6 percent and 12.2 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 1.5 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 18 analysts offering 12-month price forecasts for Delta Air Lines Inc have a median target of 66.45, with a high estimate of 95.00 and a low estimate of 60.00. The median estimate represents a +17.01% increase from the last price of 56.79.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Electronic Arts Inc. (NASDAQ:EA)

Electronic Arts Inc. is a leading global interactive entertainment software company. EA delivers games, content and online services for Internet-connected consoles, personal computers, mobile phones and tablets. EA has more than 300 million registered competitors around the world. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality blockbuster brands such as The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, Dragon Age and Plants vs. Zombies.

Electronic Arts Inc. (NASDAQ:EA)’s Financial Outlook

The 27 analysts offering 12-month price forecasts for Electronic Arts Inc have a median target of 140.00, with a high estimate of 166.00 and a low estimate of 111.00. The median estimate represents a +49.25% increase from the last price of 93.80.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Electronic Arts Inc. has a Consensus Recommendation of 1.6. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 1.7% and closed its last trading session at $93.8. The company has the market capitalization of $29.13 Billion. The stock has 52-week high of $151.26 and 52-Week low of $89.12. The firm touched its 52-Week high on 151.26 and 52-Week low on 89.12. The company has volume of 7.19 Million shares. The company has a total of 310.55 Million shares outstanding.

Electronic Arts Inc. (NASDAQ) in the last quarter reported its actual EPS of $0.88/share where the analyst estimated EPS was $0.58/share. The difference between the actual and Estimated EPS is $0.3. This shows a surprise factor of 51.7 percent.

The company has YTD performance of -10.72 percent. Beta for Electronic Arts Inc. stands at 1.04 while its ATR (average true range) is 3.59. The company has Weekly Volatility of 3.10%% and Monthly Volatility of 3.60%%.

Electronic Arts Inc. has distance from 20-day Simple Moving Average (SMA20) of -5.49%, Distance from 50-Day Simple Moving Average of -13.87 percent and Distance from 200-Day Simple Moving Average of -24.71%.

The Company currently has ROA (Return on Assets) of 12.5 percent, Return on Equity (ROE) of 22.8 Percent and Return on Investment (ROI) of 22.6% with Gross margin of 72.3 percent and Operating & Profit margin of 29.6% and 21.6% respectively.

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