Analysts See $1.58 EPS for Delta Air Lines, Inc. (DAL), Shorts at Micron Tech (MU) Raised By 12.45%

June 9, 2017 - By Richard Conner

Micron Tech Incorporated (NASDAQ:MU) had an increase of 12.45% in short interest. MU’s SI was 46.81 million shares in June as released by FINRA. Its up 12.45% from 41.62M shares previously. With 22.59M avg volume, 2 days are for Micron Tech Incorporated (NASDAQ:MU)’s short sellers to cover MU’s short positions. The SI to Micron Tech Incorporated’s float is 4.48%. The stock decreased 0.15% or $0.05 during the last trading session, reaching $32.45. About 367 shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since June 9, 2016 and is uptrending. It has outperformed by 159.57% the S&P500.

Analysts expect Delta Air Lines, Inc. (NYSE:DAL) to report $1.58 EPS on July, 13.They anticipate $0.11 EPS change or 7.48% from last quarter’s $1.47 EPS. DAL’s profit would be $1.19 billion giving it 8.36 P/E if the $1.58 EPS is correct. After having $0.77 EPS previously, Delta Air Lines, Inc.’s analysts see 105.19% EPS growth. The stock increased 1.09% or $0.57 during the last trading session, reaching $52.84. About shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since June 9, 2016 and is uptrending. It has underperformed by 4.87% the S&P500.

Among 37 analysts covering Micron Technology Inc. (NASDAQ:MU), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Micron Technology Inc. had 120 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, August 7 by Drexel Hamilton. The company was initiated on Wednesday, December 7 by Citigroup. The rating was initiated by Barclays Capital with “Overweight” on Monday, September 21. Stifel Nicolaus maintained Micron Technology, Inc. (NASDAQ:MU) rating on Friday, July 1. Stifel Nicolaus has “Buy” rating and $15 target. The firm has “Buy” rating by Nomura given on Thursday, June 23. The company was maintained on Wednesday, May 31 by Mizuho. The rating was maintained by Macquarie Research on Tuesday, February 16 with “Outperform”. The firm has “Overweight” rating given on Thursday, December 17 by Morgan Stanley. The firm earned “Neutral” rating on Monday, June 6 by Goldman Sachs. Wedbush maintained the shares of MU in report on Friday, October 2 with “Neutral” rating.

Micron Technology, Inc. is engaged in semiconductor systems. The company has market cap of $36.96 billion. The Company’s portfolio of memory technologies, including dynamic random-access memory , negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. It has a 57.48 P/E ratio.

Since December 22, 2016, it had 0 insider buys, and 13 sales for $14.82 million activity. $308,018 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by ARNZEN APRIL S. $2.00M worth of stock was sold by Shirley Brian on Friday, January 6. Deboer Scott J also sold $1.12 million worth of Micron Technology, Inc. (NASDAQ:MU) shares. Thorsen Steven L. JR sold $3.10M worth of stock or 126,000 shares. $408,911 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by Byrne Patrick J on Tuesday, May 16.

Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.14, from 0.98 in 2016Q3. It dropped, as 67 investors sold Micron Technology, Inc. shares while 232 reduced holdings. 86 funds opened positions while 165 raised stakes. 841.20 million shares or 0.23% more from 839.25 million shares in 2016Q3 were reported. Kcg Holding holds 0.17% or 311,463 shares. Advantus Capital holds 0.06% or 103,939 shares. Picton Mahoney Asset accumulated 0.77% or 428,800 shares. Barnett Company has 5,450 shares. Brinker Cap Inc holds 0.11% in Micron Technology, Inc. (NASDAQ:MU) or 88,074 shares. Hsbc Public Limited has invested 0.07% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Hilltop Holdg Inc has 0.13% invested in Micron Technology, Inc. (NASDAQ:MU) for 18,395 shares. Capital Growth Management Ltd Partnership accumulated 3.06M shares or 2.98% of the stock. Moreover, Advent Cap Mgmt De has 0.04% invested in Micron Technology, Inc. (NASDAQ:MU) for 95,000 shares. Cadence Ltd Com invested in 0.05% or 33,592 shares. Thrivent For Lutherans has 0% invested in Micron Technology, Inc. (NASDAQ:MU) for 36,080 shares. Comm State Bank has invested 0.01% in Micron Technology, Inc. (NASDAQ:MU). Pictet Cie (Europe) Sa, Luxembourg-based fund reported 38,200 shares. Gsa Cap Prtn Llp invested 0.06% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Symphony Asset Mngmt Lc reported 0.18% stake.

Since December 16, 2016, it had 1 buy, and 10 selling transactions for $13.63 million activity. FRANKLIN SHIRLEY C. sold $352,240 worth of Delta Air Lines, Inc. (NYSE:DAL) on Monday, December 19. West W Gilbert had sold 10,000 shares worth $492,000. Smith Joanne D sold $99,924 worth of stock. $946,380 worth of stock was sold by Jacobson Paul A on Wednesday, February 1. Ralph Douglas R bought 1,000 shares worth $49,036. Bastian Edward H also sold $5.23 million worth of Delta Air Lines, Inc. (NYSE:DAL) on Wednesday, December 21. HAUENSTEIN GLEN W also sold $2.22M worth of Delta Air Lines, Inc. (NYSE:DAL) on Wednesday, February 15.

Among 16 analysts covering Delta Air Lines (NYSE:DAL), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Delta Air Lines had 39 analyst reports since August 3, 2015 according to SRatingsIntel. Evercore downgraded the stock to “Hold” rating in Friday, July 15 report. Deutsche Bank maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Friday, July 15. Deutsche Bank has “Buy” rating and $49 target. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, April 28 report. UBS maintained it with “Buy” rating and $55 target in Monday, August 3 report. The firm earned “Buy” rating on Thursday, May 25 by Stifel Nicolaus. The stock has “In-Line” rating by Imperial Capital on Wednesday, August 24. The rating was downgraded by Deutsche Bank to “Hold” on Friday, April 1. Stifel Nicolaus maintained the shares of DAL in report on Monday, May 29 with “Buy” rating. As per Monday, December 5, the company rating was maintained by Deutsche Bank. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Outperform” rating by Bernstein on Monday, February 6.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The company has market cap of $39.68 billion. The Company’s divisions include Airline and Refinery. It has a 9.8 P/E ratio. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.