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After finishing at $64.49 in the prior trading day, Delta Air Lines, Inc (NYSE: DAL) closed at $64.14, down -0.54%. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 5.48 million shares were traded. DAL stock price reached its highest trading level at $65.9437 during the session, while it also had its lowest trading level at $63.985.
Ratios:
Our goal is to gain a better understanding of DAL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.39. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.49.
TD Cowen reiterated its Buy rating for the stock on November 12, 2024, while the target price for the stock was revised from $59 to $75.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when Smith Joanne D sold 19,660 shares for $64.70 per share. The transaction valued at 1,272,002 led to the insider holds 85,123 shares of the business.
Smith Joanne D sold 4,207 shares of DAL for $255,390 on Nov 07 ’24. The EVP & Chief People Officer now owns 104,783 shares after completing the transaction at $60.71 per share. On Nov 21 ’24, another insider, Smith Joanne D, who serves as the Officer of the company, bought 19,660 shares for $64.70 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAL now has a Market Capitalization of 41388322816 and an Enterprise Value of 62632095744. As of this moment, Delta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.91, and their Forward P/E ratio for the next fiscal year is 8.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 3.03. Its current Enterprise Value per Revenue stands at 1.039 whereas that against EBITDA is 7.443.
Stock Price History:
Over the past 52 weeks, DAL has reached a high of $66.25, while it has fallen to a 52-week low of $35.46. The 50-Day Moving Average of the stock is 15.07%, while the 200-Day Moving Average is calculated to be 32.99%.
Shares Statistics:
The stock has traded on average 8.94M shares per day over the past 3-months and 8410620 shares per day over the last 10 days, according to various share statistics. A total of 643.45M shares are outstanding, with a floating share count of 643.15M. Insiders hold about 0.33% of the company’s shares, while institutions hold 79.71% stake in the company. Shares short for DAL as of 1731628800 were 35192186 with a Short Ratio of 3.41, compared to 1728950400 on 28690503. Therefore, it implies a Short% of Shares Outstanding of 35192186 and a Short% of Float of 6.16.
Dividends & Splits
In the trailing 12 months, DAL’s forward annual dividend rate was 0.5, compared to 0.50 this year. Against a Trailing Annual Dividend Yield of 0.0077531403The stock’s 5-year Average Dividend Yield is 2.3.
