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Spirit Airlines Remains One Of The Few Growth Stories In U.S. Airline Industry
Wednesday, February 11, 2015 - 9:30am | 183In a report published Wednesday, Imperial Capital analyst Bob McAdoo reiterated an Outperform rating and $100.00 price target on Spirit Airlines (NASDAQ: SAVE). In the report, Imperial Capital noted, "We are maintaining our Outperform rating and one-year price target of $100 on SAVE shares. In our...
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Imperial Capital Reiterates Price Target On Hawaiian Holdings
Monday, February 2, 2015 - 12:40pm | 290In a report out Monday morning, Imperial Capital analysts Bob McAdoo and Scott Buck went over Hawaiian Holdings. Inc.’s (NASDAQ: HA) fourth-quarter results. The firm said EPS of $1.59 and revenues of $2.3 billion came in ahead of their expectations, but RASM (Revenue Per Available Seat Mile...
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Imperial Capital Gives A Lukewarm Outperform At JetBlue
Friday, January 30, 2015 - 11:16am | 196Imperial Capital commented on JetBlue Airways Corporation (NASDAQ: JBLU) Friday and maintained an Outperform rating and $20 price target after the company beat Q4 estimates. Analyst Bob McAdoo thought that the company’s new baggage fees, fare levels and a higher seat density would improve...
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Imperial Capital Still Sees American Airlines As Top Pick In Sector
Wednesday, January 28, 2015 - 10:31am | 207In a report published Wednesday, Imperial Capital analyst Bob McAdoo reiterated an Outperform rating and $92.00 price target on American Airlines Group (NASDAQ: AAL). In the report, Imperial Capital noted, “AAL remains our top pick in the sector: We are maintaining our Outperform rating and one-...
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Imperial Capital Raises Price Target On Alaska Air Group Following Record 4Q And 2014 Results
Friday, January 23, 2015 - 11:14am | 188In a report published Friday, Imperial Capital analyst Bob McAdoo reiterated an Outperform rating on Alaska Air Group (NYSE: ALK), and raised the price target from $69.00 to $86.00. In the report, Imperial Capital noted, “We are maintaining our Outperform rating and increasing our one-year price...
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Imperial Capital Reiterates Rating, Lowers Price Target On LATAM Airlines Group SA On Improving Earnings
Friday, January 16, 2015 - 9:07am | 165In a report published Friday, Imperial Capital analyst Bob McAdoo reiterated an Outperform rating on LATAM Airlines Group SA (NYSE: LFL), but lowered the price target from $20.00 to $17.00. In the report, Imperial Capital noted, “We are maintaining our Outperform rating but reducing our one-year...
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Imperial Capital Expects Alaska Air Group To Report Record Fourth Quarter Results
Tuesday, January 13, 2015 - 12:04pm | 211Bob McAdoo of Imperial Capital commented on Tuesday that Alaska Air Group, Inc. (NYSE: ALK) is expected to report record fourth quarter results following its investor update. Alaska Air Group announced on January 9 that it expects its PRASM (Passenger Revenue Per Available Seat Mile) for the...
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Imperial Capital: American Airlines To See Record Q4, Earnings Growth In 2015
Tuesday, January 13, 2015 - 12:02pm | 225Bob McAdoo of Imperial Capital on Monday commented that American Airlines Group Inc (NYSE: AAL) remains a top pick in the sector and the company will continue to benefit from favorable trends. “American Airlines Group operating results have and will likely continue to benefit from strong...
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Imperial Capital Upgrades Ryanair As New Initiatives Are 'Driving Earnings Growth'
Friday, December 19, 2014 - 10:35am | 150Bob McAdoo of Imperial Capital upgraded shares of Ryanair Holdings plc (NASDAQ: RYAAY) on Friday to Outperform from In-Line with a price target raised to $85 from a previous $60. “New passenger initiatives aimed at families and business travelers, coupled with a structural shift to more primary...
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JetBlue Reports November Traffic Increase Of 10.1%
Tuesday, December 9, 2014 - 5:35pm | 327JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results Tuesday for November 2014. The company reported that traffic (revenue passenger miles) in November increased 10.1 percent from November 2013, on a capacity increase (available seat miles) of 6.0 percent. How...
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Imperial Capital Releases Its 'Best Ideas' With An Upside Potential Of More Than 30%
Thursday, December 4, 2014 - 9:42am | 564A team of analysts at Imperial Capital released on Thursday a list of their best ideas in equity research with an average upside potential of approximately 34.5 percent. The list includes: American Airlines Group Inc (NYSE: AAL) has strong fundamentals that should continue into 2015 and that...
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Imperial Capital Raises Price Target On Southwest Airlines
Wednesday, November 26, 2014 - 12:35pm | 153Bob McAdoo of Imperial Capital reiterated an Outperform rating on Southwest Airlines Co (NYSE: LUV) on Wednesday with a price target raised to $48 from a previous $35. “Southwest should benefit from strong domestic industry trends, including lower fuel prices, as well as company specific catalysts...
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Imperial Capital Lowers JetBlue Price Target
Friday, November 21, 2014 - 9:20am | 178Bob McAdoo reiterated an Overweight rating on JetBlue Airways Corporation (NASDAQ: JBLU) on Friday with a price target lowered to $16 from a previous $20. “New initiatives introduced at the recent JetBlue Investor Day suggest the new management team will be taking a more profit-driven approach to...
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Airline Stocks Pull Back From Recent Highs As Oil Hits 4-Year Low
Wednesday, November 12, 2014 - 7:15pm | 419Even as oil prices hit multi-year lows Wednesday, an index of U.S. airline stocks pulled back slightly from recent record highs. The NYSE Arca Airline Index (NYSE: XAL) closed Wednesday at $93.44, down more than 1 percent from its 52-week high earlier in the week. At the same time, Brent...
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Imperial Capital Comments On Airlines Sector
Friday, November 7, 2014 - 5:24pm | 205On Friday, Imperial Capital analyst Bob McAdoo commented on the airlines sector. Air Canada (TSE: AC) Outperform rating; $16 price target. Increased 2015 EPS estimate to $3.25 from $2.07. Air Transport Services Group Inc. (NASDAQ: ATSG) Outperform rating; $11 price target. Atlas Air...