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Delta Air Lines, Inc. (NYSE: DAL) closed the day trading at $43.61 down -0.50% from the previous closing price of $43.83. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 10.71 million shares were traded. DAL stock price reached its highest trading level at $44.04 during the session, while it also had its lowest trading level at $43.24.
Ratios:
For a better understanding of DAL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.47. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 17, 2024, Reiterated its Buy rating but revised its target price to $59 from $61 previously.
On July 02, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $55 to $61.
On March 20, 2024, UBS started tracking the stock assigning a Buy rating and target price of $59.UBS initiated its Buy rating on March 20, 2024, with a $59 target price.
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 Jul 12 ’24 when Chiang Willie CW bought 10,000 shares for $43.90 per share. The transaction valued at 438,967 led to the insider holds 20,000 shares of the business.
Smith Joanne D sold 4,846 shares of DAL for $253,422 on May 08 ’24. The EVP & Chief People Officer now owns 112,421 shares after completing the transaction at $52.30 per share. On May 01 ’24, another insider, Chiang Willie CW, who serves as the Director of the company, bought 10,000 shares for $49.50 each. As a result, the insider paid 494,955 and bolstered with 10,000 shares of the company.
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 28288716800 and an Enterprise Value of 49642033152. As of this moment, Delta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.27, and their Forward P/E ratio for the next fiscal year is 5.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 0.826 whereas that against EBITDA is 6.144.
Stock Price History:
The Beta on a monthly basis for DAL is 1.35, which has changed by -0.060736597 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, DAL has reached a high of $53.86, while it has fallen to a 52-week low of $30.60. The 50-Day Moving Average of the stock is -11.29%, while the 200-Day Moving Average is calculated to be 1.96%.
Shares Statistics:
Over the past 3-months, DAL traded about 8.43M shares per day on average, while over the past 10 days, DAL traded about 14174200 shares per day. A total of 643.45M shares are outstanding, with a floating share count of 643.08M. Insiders hold about 0.36% of the company’s shares, while institutions hold 75.05% stake in the company. Shares short for DAL as of 1719532800 were 26258137 with a Short Ratio of 3.12, compared to 1717113600 on 18867767. Therefore, it implies a Short% of Shares Outstanding of 26258137 and a Short% of Float of 4.6.
Dividends & Splits
DAL’s forward annual dividend rate is 0.40, up from 0.45 a year ago. Against a Trailing Annual Dividend Yield of 0.01026694The stock’s 5-year Average Dividend Yield is 2.3.
