Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Delta Air Lines, Inc.’s stock clocked out at $47.85, down -0.06% from its previous closing price of $47.88. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 12.24 million shares were traded. DAL stock price reached its highest trading level at $49.21 during the session, while it also had its lowest trading level at $47.8139.
Ratios:
To gain a deeper understanding of DAL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.55. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 27 ’24 when Smith Joanne D sold 4,876 shares for $42.02 per share. The transaction valued at 204,904 led to the insider holds 117,267 shares of the business.
Carroll William C sold 6,192 shares of DAL for $248,609 on Feb 06 ’24. The SVP, Fin & Controller now owns 9,806 shares after completing the transaction at $40.15 per share. On Feb 01 ’24, another insider, Bastian Edward H, who serves as the Chief Executive Officer of the company, sold 71,840 shares for $39.20 each. As a result, the insider received 2,815,769 and left with 428,768 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 30878177280 and an Enterprise Value of 53621821440. As of this moment, Delta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.15, and their Forward P/E ratio for the next fiscal year is 6.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 0.908 whereas that against EBITDA is 6.554.
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 9.47%, while the 200-Day Moving Average is calculated to be 17.40%.
Shares Statistics:
It appears that DAL traded 10.15M shares on average per day over the past three months and 14649870 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 69.76% stake in the company. Shares short for DAL as of 1711584000 were 17689953 with a Short Ratio of 1.74, compared to 1709164800 on 14761159. Therefore, it implies a Short% of Shares Outstanding of 17689953 and a Short% of Float of 3.1.
Dividends & Splits
With its trailing 12-month dividend rate of 0.3, DAL has a forward annual dividend rate of 0.30. The stock’s 5-year Average Dividend Yield is 2.3.
Earnings Estimates
The dynamic stock of Delta Air Lines, Inc. (DAL) is currently attracting attention from United Airlines Holdings, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $14.02, with high estimates of $38.65 and low estimates of $47.85.
Analysts are recommending an EPS of between $Energy and $Industrials for the fiscal current year, implying an average EPS of $Industrials.
