At the time of writing, Delta Air Lines, Inc [DAL] stock is trading at $61.52, up 0.97%. 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 0.77% over the last week, with a monthly amount drifted -2.87%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On November 12, 2024, TD Cowen reiterated its Buy rating and revised its price target to $75 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $59 on July 17, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $61 on July 02, 2024. UBS started tracking with a Buy rating for this stock on March 20, 2024, and assigned it a price target of $59. In a note dated March 07, 2023, Evercore ISI upgraded an Outperform rating on this stock and boosted its target price from $40 to $47.
For the past year, the stock price of Delta Air Lines, Inc fluctuated between $36.34 and $67.50. Currently, Wall Street analysts expect the stock to reach $68.05 within the next 12 months. Delta Air Lines, Inc [NYSE: DAL] shares were valued at $61.52 at the most recent close of the market. An investor can expect a potential return of 10.61% 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. 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 60.42 points at the first support level, and at 59.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.09, and for the 2nd resistance point, it is at 62.66.
Ratios To Look Out For
It is important to note that Delta Air Lines, Inc [NYSE:DAL] has a current ratio of 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 0.66, the price to book ratio is 2.91 and price to earnings (TTM) ratio is 8.54.
Transactions by insiders
Recent insider trading involved Smith Joanne D, EVP & Chief People Officer, that happened on Nov 21 ’24 when 19660.0 shares were sold. EVP & Chief People Officer, Smith Joanne D completed a deal on Nov 07 ’24 to sell 4207.0 shares. Meanwhile, Officer Smith Joanne D bought 19660.0 shares on Nov 21 ’24.
