Air New Zealand (OTCMKTS:ANZFF) & Delta Air Lines (NYSE:DAL) Financial Review

Air New Zealand (OTCMKTS:ANZFFGet Free Report) and Delta Air Lines (NYSE:DALGet Free Report) are both industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitability, institutional ownership and dividends.

Profitability

This table compares Air New Zealand and Delta Air Lines’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Air New Zealand N/A N/A N/A
Delta Air Lines 7.46% 36.02% 5.32%

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Air New Zealand and Delta Air Lines, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Air New Zealand 0 0 0 0 N/A
Delta Air Lines 0 0 12 1 3.08

Delta Air Lines has a consensus target price of $65.40, indicating a potential upside of 18.35%. Given Delta Air Lines’ higher possible upside, analysts plainly believe Delta Air Lines is more favorable than Air New Zealand.

Earnings and Valuation

This table compares Air New Zealand and Delta Air Lines”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Air New Zealand N/A N/A N/A $0.22 1.52
Delta Air Lines $60.31 billion 0.59 $4.61 billion $6.95 7.95

Delta Air Lines has higher revenue and earnings than Air New Zealand. Air New Zealand is trading at a lower price-to-earnings ratio than Delta Air Lines, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

18.0% of Air New Zealand shares are held by institutional investors. Comparatively, 69.9% of Delta Air Lines shares are held by institutional investors. 1.0% of Delta Air Lines shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Delta Air Lines beats Air New Zealand on 11 of the 11 factors compared between the two stocks.

About Air New Zealand

(Get Free Report)

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services. As of June 30, 2023, it operated a fleet of 7 Boeing 777-300ER, 14 Boeing 787-9 Dreamliner, 6 Airbus A320neo, 10 Airbus A321neo, 17 Airbus A320CEO, 29 ATR 72-600, and 23 Bombardier Q300 aircrafts. The company was formerly known as Tasman Empire Airways Limited and changed its name to Air New Zealand Limited in April 1965. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand.

About Delta Air Lines

(Get Free Report)

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app; acts as a reservations specialists; and operates online travel and traditional brick and mortar agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers. The company operates through a fleet of approximately 1,273 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

Receive News & Ratings for Air New Zealand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air New Zealand and related companies with MarketBeat.com's FREE daily email newsletter.