Conneticut 3/5/2013 11:20:16 PM
News / Stocks

Top Airlines on New Peak - Delta Air Lines (DAL), United Continental (UAL), US Airways Group (LCC)

Delta Air Lines, Inc (NYSE:DAL) gained 5.60% to close at $15.65 and its overall volume in the last trading session was 25.41 million shares

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Delta Air Lines, Inc (NYSE:DAL) gained 5.60% to close at $15.65 and its overall volume in the last trading session was 25.41 million shares, beating the average volume of 12.55 million. The stock hit high on Monday after its president Ed Bastian stated that the carrier this year anticipates marking its first first-quarter profit since 2000.

The No. 2 U.S. airline by traffic expects to report a first-quarter operating margin in a range of 2.5% to 3.5%, and predict its unit revenue, the amount taken in for each passenger flown a mile, will grow between 4.5% to 5.5%, Ed Bastian said at a J.P. Morgan aviation, transportation and defense conference. The Atlanta-based company's capacity is expected to be down in a range of 2% to 3% in the period, compared with a year ago, and its unit cost before fuel will increase by 6% to 7%.

DAL hit the day high price of $15.89 and day low of $14.61. The stock is trading with positive year-to-date performance of +31.84%. It has current ratio of 0.62. The company has total market cap of $13.24billion.

United Continental Holdings Inc (NYSE:UAL) jumped +5.26% with the closing price of $28.82 after major airlines said in a J.P. Morgan investor conference that demand for flights seemed to be holding up despite worries that automatic U.S. spending cuts and increased taxes would hurt travel. The overall volume in the last trading session was 6.31 million shares. Its fifty two week range was $17.45-$28.98. The total market capitalization remained $9.58 billion.

The stock is ahead its 52 week low with 65.16% and its last month price volatility remained 3.31%. Its beta coefficient was 0.74 with a target price of $28.50. In its share capital, the company has 332.64 million outstanding shares while 331.35 million shares have been floated in market.

It has insider ownership of 0.31%. Its current year earnings per share dropped with -196.83% while the five year EPS growth rate was 0.59%.

US Airways Group, Inc.(NYSE:LCC) shares went 2.13% up and closed at $13.90 in the last trading session after reporting strong February and year-to-date 2013 traffic results. Its overall traded volume was 8.18 million shares. The stock’s opening price was $13.50, hitting the day high price of $14.07 and day low of $13.47.

LCC has earnings per share of $3.15 and its price to earnings ratio was 4.41. The company has 7.17% returns on assets, 135.32% returns on equity and its return on investments is 11.29%.

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