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The closing price of Delta Air Lines, Inc. (NYSE: DAL) was $49.88 for the day, up 4.05% from the previous closing price of $47.94. In other words, the price has increased by $4.05 from its previous closing price. On the day, 12.47 million shares were traded. DAL stock price reached its highest trading level at $49.935 during the session, while it also had its lowest trading level at $46.87.
Ratios:
Our analysis of DAL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 2.36 whereas as Long-Term Debt/Eq ratio is at 2.04.
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, UBS on March 20, 2024, initiated with a Buy rating and assigned the stock a target price of $59.
On March 07, 2023, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $40 to $47.
Redburn Upgraded its Neutral to Buy on February 08, 2023, while the target price for the stock was maintained at $55.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 24 ’24 when Sear Steven M sold 15,806 shares for $47.90 per share. The transaction valued at 757,028 led to the insider holds 88,738 shares of the business.
BELLEMARE ALAIN sold 24,073 shares of DAL for $1,176,183 on Apr 23 ’24. The EVP & Pres. – International now owns 141,451 shares after completing the transaction at $48.86 per share. On Apr 22 ’24, another insider, HAUENSTEIN GLEN W, who serves as the President of the company, sold 100,000 shares for $49.05 each. As a result, the insider received 4,904,600 and left with 217,584 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 32188164096 and an Enterprise Value of 54923350016. As of this moment, Delta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.41, and their Forward P/E ratio for the next fiscal year is 6.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 0.93 whereas that against EBITDA is 6.714.
Stock Price History:
Over the past 52 weeks, DAL has reached a high of $49.81, while it has fallen to a 52-week low of $30.60. The 50-Day Moving Average of the stock is 12.07%, while the 200-Day Moving Average is calculated to be 22.36%.
Shares Statistics:
DAL traded an average of 9.89M shares per day over the past three months and 12014520 shares per day over the past ten days. A total of 643.45M shares are outstanding, with a floating share count of 642.65M. Insiders hold about 0.41% of the company’s shares, while institutions hold 69.58% stake in the company. Shares short for DAL as of 1713139200 were 18862233 with a Short Ratio of 1.91, compared to 1710460800 on 16104519. Therefore, it implies a Short% of Shares Outstanding of 18862233 and a Short% of Float of 3.3000000000000003.
Dividends & Splits
With its trailing 12-month dividend rate of 0.3, DAL has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.0062578227The stock’s 5-year Average Dividend Yield is 2.3.
