At the time of writing, Delta Air Lines, Inc. [DAL] stock is trading at $55.80, up 0.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DAL shares have gain 8.71% over the last week, with a monthly amount glided 18.40%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Delta Air Lines, Inc. [NYSE: DAL] stock has seen the most recent analyst activity on July 17, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $59 from $61. Previously, TD Cowen reaffirmed its Buy rating on July 02, 2024, and elevated its price target to $61. On March 20, 2024, UBS initiated with a Buy rating and assigned a price target of $59 on the stock. Evercore ISI upgraded its rating to a Outperform and increased its price target to $47 on March 07, 2023. Redburn upgraded its rating to a Buy but $55 remained the price target by the analyst firm on February 08, 2023. Argus upgraded its rating to Buy for this stock on January 05, 2023, but kept the price target unchanged to $39.
For the past year, the stock price of Delta Air Lines, Inc. fluctuated between $30.60 and $56.48. Currently, Wall Street analysts expect the stock to reach $56.85 within the next 12 months. Delta Air Lines, Inc. [NYSE: DAL] shares were valued at $55.80 at the most recent close of the market. An investor can expect a potential return of 1.88% based on the average DAL price forecast.
Analyzing the DAL fundamentals
According to Delta Air Lines, Inc. [NYSE:DAL], the company’s sales were 60.31B for trailing twelve months, which represents an 1.22% jump. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.4 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.79.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.03 points at the first support level, and at 54.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.40, and for the 2nd resistance point, it is at 57.01.
Ratios To Look Out For
It is important to note that Delta Air Lines, Inc. [NYSE:DAL] has a current ratio of 0.39. In addition, the Quick Ratio stands at 0.34 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 2.64 and price to earnings (TTM) ratio is 7.75.
Transactions by insiders
Recent insider trading involved BELLEMARE ALAIN, EVP & Pres. – International, that happened on Oct 17 ’24 when 19490.0 shares were sold. EVP & Chief Info Officer, Samant Rahul D completed a deal on Oct 17 ’24 to sell 10000.0 shares. Meanwhile, EVP – External Affairs Carter Peter W sold 18100.0 shares on Oct 16 ’24.
