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The closing price of Delta Air Lines, Inc (NYSE: DAL) was $57.22 for the day, down -2.12% from the previous closing price of $58.46. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 7.66 million shares were traded. DAL stock price reached its highest trading level at $59.09 during the session, while it also had its lowest trading level at $57.1.
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 9.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.68. 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.
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:
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 Oct 30 ’24 when Samant Rahul D sold 10,000 shares for $58.53 per share. The transaction valued at 585,330 led to the insider holds 64,163 shares of the business.
HAUENSTEIN GLEN W bought 75,000 shares of DAL for $4,372,426 on Oct 31 ’24. On Oct 30 ’24, another insider, Samant Rahul D, who serves as the Officer of the company, bought 10,000 shares for $58.53 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 37723144192 and an Enterprise Value of 58195578880. As of this moment, Delta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.95, and their Forward P/E ratio for the next fiscal year is 7.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 0.965 whereas that against EBITDA is 6.916.
Stock Price History:
Over the past 52 weeks, DAL has reached a high of $59.07, while it has fallen to a 52-week low of $30.76. The 50-Day Moving Average of the stock is 17.67%, while the 200-Day Moving Average is calculated to be 24.01%.
Shares Statistics:
DAL traded an average of 8.88M shares per day over the past three months and 7838170 shares per day over the past ten days. A total of 643.45M shares are outstanding, with a floating share count of 642.93M. Insiders hold about 0.36% of the company’s shares, while institutions hold 77.18% stake in the company. Shares short for DAL as of 1728950400 were 28690503 with a Short Ratio of 3.23, compared to 1726185600 on 32037148. Therefore, it implies a Short% of Shares Outstanding of 28690503 and a Short% of Float of 5.0300002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.5, DAL has a forward annual dividend rate of 0.50. Against a Trailing Annual Dividend Yield of 0.008552857The stock’s 5-year Average Dividend Yield is 2.3.
