NYSE:DALAirlines
Delta Air Lines (DAL) Stock Trades At A Discount On Earnings While Returns Look Priced In
Delta Air Lines has delivered a strong 137.5% return over the past 5 years, yet the valuation checks point to a more mixed picture rather than a clear bargain or clear overvaluation at the current share price around US$92.77.
Over 5 years, Delta Air Lines has returned 137.5%, which puts long term holders in a strong position and raises the question of how much upside is already reflected in the stock.
Recent merger interest from United Airlines highlights that large scale consolidation can...