Delta Air Lines, Inc. (DAL) is destined for greater heights as its last quarter sales were 13,748 M

Delta Air Lines, Inc. (NYSE: DAL) kicked off on Monday, up 0.12% from the previous trading day, before settling in for the closing price of $50.44. Over the past 52 weeks, DAL has traded in a range of $30.60-$53.86.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Annual sales at Industrials sector company grew by 20.20% over the past five years. While this was happening, its average annual earnings per share was recorded 6.53%. With a float of $643.00 million, this company’s outstanding shares have now reached $643.45 million.

Let’s look at the performance matrix of the company that is accounted for 100000 employees.

Delta Air Lines, Inc. (DAL) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Airlines Industry. The insider ownership of Delta Air Lines, Inc. is 0.36%, while institutional ownership is 75.36%. The most recent insider transaction that took place on May 08 ’24, was worth 253,422. In this transaction EVP & Chief People Officer of this company sold 4,846 shares at a rate of $52.30, taking the stock ownership to the 112,421 shares. Before that another transaction happened on May 01 ’24, when Company’s Director bought 10,000 for $49.50, making the entire transaction worth $494,955. This insider now owns 10,000 shares in total.

Delta Air Lines, Inc. (DAL) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 2.68 earnings per share (EPS), higher than consensus estimate (set at 2.4) by 0.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.62% during the next five years compared to 4.80% growth over the previous five years of trading.

Delta Air Lines, Inc. (NYSE: DAL) Trading Performance Indicators

Take a look at Delta Air Lines, Inc.’s (DAL) current performance indicators. Last quarter, stock had a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55. Likewise, its price to free cash flow for the trailing twelve months is 29.07.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.79, a number that is poised to hit 2.37 in the next quarter and is forecasted to reach 7.63 in one year’s time.

Technical Analysis of Delta Air Lines, Inc. (DAL)

Delta Air Lines, Inc. (NYSE: DAL) saw its 5-day average volume 6.23 million, a negative change from its year-to-date volume of 9.76 million. As of the previous 9 days, the stock’s Stochastic %D was 62.23%. Additionally, its Average True Range was 1.20.

During the past 100 days, Delta Air Lines, Inc.’s (DAL) raw stochastic average was set at 80.43%, which indicates a significant increase from 48.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.22% in the past 14 days, which was lower than the 24.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.91, while its 200-day Moving Average is $41.72. Nevertheless, the first resistance level for the watch stands at $50.91 in the near term. At $51.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.77. If the price goes on to break the first support level at $50.05, it is likely to go to the next support level at $49.60. Assuming the price breaks the second support level, the third support level stands at $49.19.

Delta Air Lines, Inc. (NYSE: DAL) Key Stats

The company with the Market Capitalisation of 32.59 billion has total of 645,312K Shares Outstanding. Its annual sales at the moment are 58,048 M in contrast with the sum of 4,609 M annual income. Company’s last quarter sales were recorded 13,748 M and last quarter income was 37,000 K.