Comcast, DuPont, Delta: Ratings Upgrades
BOSTON (TheStreet) -- Comcast (CMCSA) - Get Report, DuPont (DD) - Get Report and Delta Air Lines (DAL) - Get Report were upgraded by TheStreet's stock model.
3.
The model upgraded Delta Air Lines to "hold."
Quarter
: Delta's first-quarter loss narrowed to $256 million, or 31 cents, from $794 million, or 96 cents, a year earlier. Revenue inched up 2.5%. The operating margin turned positive. Deltas has $5.4 billion of cash and $16 billion of long-term debt.
Stock
: Delta has surged 86% during the past year, outpacing U.S. stock-market indices. It trades at a price-to-projected-earnings ratio of 6.4 and a price-to-sales ratio of 0.4, 97% and 62% discounts to peer averages. It's expensive based on book value.
Consensus
: Of analysts covering Delta, nine, or 90%, advise purchasing its shares and one recommends holding them.
Hudson Securities
expects the stock to advance 60% to $20.
Jesup & Lamont
foresees the shares rising 54% to $19.30.
2.
The model upgraded chemical seller DuPont to "buy."
Quarter
: First-quarter profit more than doubled to $1.1 billion, or $1.24, as revenue widened 23% to $8.5 billion. The operating margin extended from 7.1% to 14%. DuPont has $4.5 billion of cash and marketable securities and $9.5 billion of long-term debt.
Stock
: DuPont has gained 45% during the past 12 months, more than the
S&P 500
. It sells for a price-to-projected-earnings ratio of 15 and a price-to-cash-flow ratio of 7.8, 20% and 62% discounts to industry averages. It's expensive based on book value.
Consensus
: Of researchers following DuPont, seven rate its stock "buy" and 11 rate it "hold."
Buckingham
offers a price target of $50, leaving a potential 25% return.
Soleil Securities
believes the shares will rise to $48 and
Jefferies
(JEF) - Get Report
predicts $44.
1.
The model upgraded cable company Comcast, which is scheduled to report first-quarter results today, to "buy."
Quarter
: Fourth-quarter profit more than doubled to $955 million, or 33 cents, as revenue inched up 3.4%. The operating margin declined from 21% to 20%. Comcast has $721 million of cash and $29 billion of debt, equal to a debt-to-equity ratio of 0.7.
Stock
: Comcast has risen 35% during the past year, less than U.S. stock-market indices. It trades at a price-to-projected-earnings ratio of 14 and a price-to-cash-flow ratio of 5.3, 25% and 58% discounts to peer averages. It's also cheap based on sales.
Consensus
: Of firms rating Comcast, 17, or 65%, advocate purchasing its shares and nine recommend holding them.
Deutsche Bank
(DB) - Get Report
believes the stock will rise 35% to $25.
Bank of America
(BAC) - Get Report
predicts that it will hit $24.
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