Delta Air Lines, Inc [DAL] stock is trading at $64.07, down -1.20%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DAL shares have gain 4.95% over the last week, with a monthly amount glided 15.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, TD Cowen reaffirmed its Buy rating on November 12, 2024, and elevated its price target to $75. On July 17, 2024, TD Cowen reiterated its Buy rating and revised its price target to $59 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $61 on July 02, 2024. UBS initiated its recommendation with a Buy and recommended $59 as its price target on March 20, 2024. Evercore ISI upgraded its rating to Outperform for this stock on March 07, 2023, and upped its price target to $47. In a note dated February 08, 2023, Redburn upgraded an Buy rating on this stock but restated the target price of $55.
Delta Air Lines, Inc [DAL] stock has fluctuated between $35.28 and $66.25 over the past year. Currently, Wall Street analysts expect the stock to reach $59.42 within the next 12 months. Delta Air Lines, Inc [NYSE: DAL] shares were valued at $64.07 at the most recent close of the market. An investor can expect a potential drop of -7.26% based on the average DAL price forecast.
Analyzing the DAL fundamentals
Delta Air Lines, Inc [NYSE:DAL] reported sales of 60.31B for the trailing twelve months, which represents a growth of 1.22%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.3.
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 63.34 points at the first support level, and at 62.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.32, and for the 2nd resistance point, it is at 66.57.
Ratios To Look Out For
For context, Delta Air Lines, Inc’s Current Ratio is 0.39. As well, the Quick Ratio is 0.34, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 3.03 and price to earnings (TTM) ratio is 8.90.
Transactions by insiders
Recent insider trading involved Carroll William C, SVP, Fin & Controller, that happened on Nov 08 ’24 when 21530.0 shares were sold. EVP & Chief Info Officer, Samant Rahul D completed a deal on Nov 07 ’24 to sell 18600.0 shares. Meanwhile, EVP & Chief Cust Exper Officer Ausband Allison C sold 7510.0 shares on Nov 06 ’24.
