Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Delta Air Lines, Inc (NYSE: DAL) closed the day trading at $63.34 down -0.47% from the previous closing price of $63.64. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 9.92 million shares were traded. DAL stock price reached its highest trading level at $65.05 during the session, while it also had its lowest trading level at $63.29.
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 10.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.86. 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.
On November 12, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $59 to $75.
TD Cowen reiterated its Buy rating for the stock on July 17, 2024, while the target price for the stock was revised from $61 to $59.
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 bought 19,660 shares for $64.70 per share.
Carroll William C sold 21,530 shares of DAL for $1,305,256 on Nov 08 ’24. The SVP, Fin & Controller now owns 19,756 shares after completing the transaction at $60.62 per share. On Nov 07 ’24, another insider, Samant Rahul D, who serves as the EVP & Chief Info Officer of the company, sold 18,600 shares for $62.13 each. As a result, the insider received 1,155,711 and left with 45,563 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 40872099840 and an Enterprise Value of 62119202816. As of this moment, Delta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.80, and their Forward P/E ratio for the next fiscal year is 8.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 1.03 whereas that against EBITDA is 7.382.
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 15.91%, while the 200-Day Moving Average is calculated to be 32.30%.
Shares Statistics:
Over the past 3-months, DAL traded about 8.83M shares per day on average, while over the past 10 days, DAL traded about 7978140 shares per day. 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 79.73% stake in the company. Shares short for DAL as of 1730332800 were 30495885 with a Short Ratio of 3.45, compared to 1727654400 on 32899461. Therefore, it implies a Short% of Shares Outstanding of 30495885 and a Short% of Float of 5.3400002.
Dividends & Splits
DAL’s forward annual dividend rate is 0.50, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.007856694The stock’s 5-year Average Dividend Yield is 2.3.
