United Continental (UAL) has raised ~$1.4 billion in debt in 1Q17, which includes $650 million in revolving credit facility, a term loan of $440 million, and another $300 million in unsecured debt.
As of June 9, four of the analysts (25%) tracking United Continental (UAL) had a “strong buy” recommendation on the stock, while five (31.3%) had a “buy.”
In 4Q16, analysts are estimating United Continental’s revenue (UAL) to fall ~1.1% year-over-year (or YoY) to $8.9 billion versus an earlier estimate of a 3.2% fall.
Campbell Soup rose 0.52% to close at $60.13 per share on December 20. The stock’s weekly, monthly, and YTD price movements were 0.23%, 10.9%, and 17.0%.
Price movement Herbalife (HLF) has a market cap of $5.5 billion. It fell 2.6% to close at $59.12 per share on November 1, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.4%, -7.4%, and 10.3%, respectively, on the same day. HLF is trading 4.4% below its 20-day moving average, 4.3% below […]
Pay raise After 20 months of talks and a nine-month stand-off, Delta Air Lines has finally managed to reach an agreement in principle with its pilots for a new contract. Delta’s management called the deal an “industry-leading package of pay, benefits and work rules.” According to the new contract, reached with the intervention of US federal […]
Cost per available seat mile excluding fuel For 3Q16, Delta Air Lines (DAL) has managed to keep its cost per available seat mile excluding fuel flat YoY (year-over-year). This is an achievement, considering that peers continue to see their costs rising. Fuel savings continue In 3Q16, the price of fuel fell 17.5% YoY to $1.48 […]
According to Bloomberg, 12 out of 16 analysts tracking UAL have issued “buy” recommendations. Four analysts have issued “holds.” None has issued a “sell.”
Delta Air Lines (DAL) is currently valued at ~4.3x its forward EV-to-EBITDA multiple. DAL’s valuation multiple is lower than its average valuation of ~4.7x.
Delta Air Lines (DAL) is one of the few airlines that pay dividends, as most airlines find it difficult to even stay profitable during cyclical downturns.
Delta Air Lines (DAL) has an accelerated debt reduction program, which helped the company reduce its debt from $21.7 billion in 2009 to $7.8 billion at the end of 2Q16.
In August 2016, American Airlines’s (AAL) load factor fell to 82.9%. Its year-to-date 2016 load factor fell to 81.9%, which is expected to increase the pressure on the airline’s unit revenues.
In August 2016, American Airlines’s (AAL) traffic fell 2.8% year-over-year, significantly lagging its capacity growth in the same period. So far in 2016, AAL’s traffic has increased 1.0%.
American Airlines’s (AAL) capacity grew 1.4% year-over-year in August 2016. AAL’s capacity has grown by 2.5% so far in 2016, which is higher than the airline’s total capacity growth of 1.1% for fiscal 2015.
CPB fell by 4.6% to close at $57.73 per share during the fifth week of August, with weekly, monthly, and YTD price movements of -4.6%, -5.6%, and 11.6%.
Herbalife fell by 2.3% to close at $60.50 per share on August 26, 2016. The stock’s weekly, monthly, and YTD price movements were -4.4%, -9.7%, and 12.8%.
Campbell Soup fell by 4.9% to close at $63.38 per share in the third week of July. Its weekly, monthly, and YTD price movements were -4.9%, 1.7%, and 22.5%.
Herbalife rose by 9.9% to close at $65.25 per share on July 15. Its weekly, monthly, and YTD price movements were 6.9%, 10.2%, and 21.7%, respectively.
Looking at current valuation, we see that as of June 24, 2016, United Continental (UAL) has a forward EV-to-EBITDA multiple of 3.23x. This is lower than all its major peers.
For 2016, analysts are estimating United Continental’s (UAL) revenue to decline by 4% to $36.0 billion. The decline is higher than the earlier estimate of 2%.
Herbalife (HLF) fell by 2.5% and closed at $57.50 per share at the end of the fourth week of June 2016. It reported fiscal 1Q16 net sales of $1.12 billion.
Reynolds American’s (RAI) Santa Fe Natural Tobacco Company’s Natural American Spirit brand aligns with consumers seeking authentic products. The company notes that Natural American Spirit brand is made of natural, additive-free tobacco.
Moody’s Investors Service has upgraded Cooper Tire & Rubber Company’s Corporate Family and Probability of Default ratings from B1 and B1-PD to Ba3 and Ba3-PD, respectively.
Keurig Green Mountain has around 575 different beverage products and over 80 brands in its product portfolio. It launched several new ones in fiscal 2015.
Archer Daniels planned its acquisition of Eatem Foods with the intention of accelerating its evolution from an ingredient supplier to a solutions provider.
Short-term outlook above expectations The IATA (International Air Transport Association) has revised its forecast upwards on global airline profitability after the free fall of crude oil prices in the second half of 2014. Global net profit for 2014 is now estimated at $19.9 billion, higher than $18 billion projected in June. Profitability is expected to […]
