In November 2017, Southwest Airlines’ (LUV) utilization improved 0.7% year-over-year (or YoY) to 85.8% as its traffic growth exceeded its capacity growth.
In November 2017, Delta’s (DAL) capacity grew 2.9% YoY (year-over-year) to ~18.9 billion miles. YTD (year-to-date), the carrier’s capacity has risen 1.0%.
Analysts’ recommendations Of the 17 analysts tracking Southwest Airlines (LUV), 36.8% of the analysts (seven analysts) gave a “strong buy” rating on the stock, while another 47.4% (nine analysts) gave a “buy” rating. The remaining 15.8% (three analysts) gave a “hold” rating. None of the analysts gave a “sell” or “strong sell” rating on the […]
Delta Air Lines’ (DAL) average traffic increased 3.4% YoY to 61.0 million passenger miles for 3Q17. For the first nine months of 2017, traffic has increased 2.1% to 166.5 billion miles.
Delta Air Lines (DAL) is currently valued at 5.3x its forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple.
In the fourth quarter of 2016, Delta Air Lines (DAL) generated $640 billion of free cash flow—slightly higher than the $497 billion free cash flow generated in 4Q15.
All airline pilots have their eyes on Delta Air Lines’ (DAL) final agreement with its pilots. This is because Delta’s deal will set a precedent in the industry.
In this series, we’ll take a look at Delta’s proposed new deal for a pay raise for its pilots. We’ll also see why this deal will be important for other airlines
Historically, we have seen Buyback does perform very well across all interest rate environments. Looking at the data back to the mid-80s, it does well.
Archer Daniels Midland’s (ADM) revenue fell 9% YoY (year-over-year) to $15.63 billion in 2Q16—compared to $17.19 billion in the same quarter last year.
Looking at Boeing’s dividends, we see that it has been a consistent dividend payer for more than two decades. For 2Q16, it paid a total of $691 million in dividends.
For 2016, Boeing expects its operating cash flow to be ~$10 billion. It also plans to increase its manufacturing capacity to 65 aircraft per month by 2017, which will require additional investment.
Apple (AAPL) is one of the most cash-rich companies in the US. While Carl Icahn has been talking about share buybacks artificially inflating the Market and asset values, some buybacks have occurred as a result of his push.
Carl Icahn is one of the first activist investors to voice his opinion against share buybacks. He believes that companies are increasingly putting money into buybacks instead of using them for much-needed capital improvements.
After posting adjusted EPS growth rates exceeding 20% in the first three quarters of fiscal 2016, the earnings expectations for Nike (NKE) in the fourth quarter are modest.
The merger of Alaska Air and Virgin America is expected to be completed by January 1, 2017. Alaska Air last went through this process in 1982, when it acquired Horizon Air.
Boeing has been continuously investing labor and capital into the production of the Dreamliner series in order to improve efficiency and lower the production costs for the jet.
Panera Bread (PNRA) noted that the increase in same-store sales growth was primarily due to the implementation of Panera 2.0. Panera 2.0 utilizes digital technology to enhance customer experience and increase the company’s operational efficiency.
Boeing (BA) paid $608 million in dividends during 4Q15. In 2015, BA paid a total of $2.5 billion in dividends, which is ~36% of its free cash flow generated for 2015.
Of the 28 analysts rating FedEx stock, 57.1% (16 analysts) have a “buy” rating, 42.9% (12 analysts) have a “hold” rating, and no analysts have a “sell” rating.
FedEx continues to see growth in the global economy. It expects the US GDP to grow by 2.4% in 2015 and by 2.6% in 2016, driven by increased consumer spending.
Unlike funds that are either actively or passively managed, smart beta funds use the combination of both approaches to generate high returns at a low cost.
SPY’s performance was more volatile than that of PKW and VLUE. PKW and VLUE performed nearly equally in the market, with PKW leading VLUE at various points.
Apart from IBM, “buy” recommendations surpass “sell” and “hold” recommendations for all PKW’s top stocks, indicating that Wall Street analysts are positive.
The Home Depot (HD) paid out $1.5 billion by way of dividends in the first two quarters of fiscal 2016. The company has paid out 39.6% of its earnings as dividends over the past 12 months.
Smaller ETFs that provide exposure to the courier services industry include Buyback Achievers (PKW), the First Trust Capital Strength ETF (FTCS), and the MSCI Industrials Index ETF (FIDU).
FedEx was formed with a vision to change the way delivery services worked prior to 1971. It established a new industry and it has been leading its peers since then.
Salaries and employee benefits form the highest cost for FedEx. They account for ~36% as a percentage of revenue. Salary costs rose 6% for fiscal 2015.
The idea behind FedEx (FDX) started off as a term paper by undergraduate Frederick W. Smith in 1965 at Yale University. The company started operations in 1973.
NetApp offers data management and storage systems, software, and services. NetApp increased its stock repurchase program by an additional $2.5 billion.
