U.S. airline stock outlook
U.S. airline stock outlook
U.S. economic broadcaster CNBC said earlier in the year that aviation-related companies saw their stock prices soar. Despite lingering anxiety over the spread of Omicron and concerns over cancellation of airline flights and the crisis of aviation workers, the New York Stock Exchange was strong during the day, the first trading day of the new year. On the first trading day of the new year, aviation and re-opening stocks are strong during the day. Earlier in the year, companies such as American Airlines, Alaska Air, Delta Air Lines, United Airlines, JetBlue Airway, and Southwest Air rose on the New York Stock Exchange.
Uber State Department
Uber was established in March 2009 as a technology application development and operation company that supports a variety of products on the platform, and Uber shares were listed on the New York Stock Exchange on May 10, 2019. Major industries include mobility, delivery, cargo, Advanced Technologies Group (ATG), and other technology programs. Uber's stock price as of February 9, 2022 was 40.19USD, with a market capitalization of 93.2561 trillion won. Investment firm UBS has offered an investment opinion on Uber, a U.S. ride-sharing service platform. According to CNBC on February 8, 2022, UBS said, "Uber shares are strong ahead of Investors' Day on the 10th." "Uber plans to invite financial analysts and institutional investors on Investor's Day to announce updates on Uber's long-term strategy and capital allocation plans, and Wall Street will see higher expectations for Uber after Investor's Day," USB said. "Uber has set a clear margin target for the delivery sector among its services and plans to transparently communicate a new form of mobility booking growth," CNBC said. Meanwhile, Uber has decided to sell its air transportation development unit, Uber Elevate, following its self-driving car business.
Delta Air Lines Stock Price
Founded on May 30, 1924, Delta Air Lines is the world's largest airline, and its major industries are air transportation. On April 26, 2007, Delta Air Lines was listed on the New York Stock Exchange. As of February 9, 2022, Delta Air's stock price was 43.88USD, with a market capitalization of 33.58 trillion won, 7.02 times PBR, and EPS -3.83 as of December 31, 2021. Investment firm Berenberg has raised the investment opinion of Delta Air Lines from holding to buying. Analyst Berenberg said, "The global economy is gradually recovering from the pandemic, and we expect Delta's pre-tax margin to recover to pre-COVID-19 levels in 2023." He said Delta shares were among the best airline stocks and offered a target price of $50. Bank of America (BofA) has offered $48 in investment opinion buying, predicting that U.S. companies will travel more for business trips in 2023. BofA analyzed that even if the COVID-19 virus pandemic is prolonged, business travel will recover in 2022.
Boeing Stock Price
Founded in July 1916, Boeing is a U.S. aircraft manufacturer, with major industries operating commercial airplanes, space and security, defense, and global services. On September 5, 1934, Boeing shares were listed on the New York Stock Exchange. As of February 9, 2022, Boeing's stock price was 215.86USD, with a market capitalization of KRW 150.5122 trillion and EPS -7.15 and BPS -25.47 as of December 31, 2021. Goldman Sachs expected Boeing to release positive in its earnings announcement next week, but Goldman Sachs reaffirmed Boeing's investment opinion through CNBC as a "buy." Goldman Sachs said, "Although Boeing's fourth quarter 2021 results are still expected to show tough fundamentals, Boeing will provide positive information such as higher production rates for Max and resumption of 787 deliveries." A researcher at Kiwoom Securities said Boeing's earnings in the fourth quarter of 2021 were $14.8 billion, down 3.3% year-on-year, down 3.2% from the previous quarter. In particular, operating losses reached $4.54 billion, recording an earnings shock that fell sharply below market expectations. "This is due to the $3.5 billion 787 delivery delay management cost and the $400 million KC-46A tanker-related cost," said a researcher at Kiwoom Securities.