A new trading day began on Friday, with Delta Air Lines, Inc. (NYSE: DAL) stock price up 2.24% from the previous day of trading, before settling in for the closing price of $41.56. DAL’s price has ranged from $30.60 to $53.86 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 20.20%. Meanwhile, its annual earnings per share averaged -2.56%. With a float of $643.01 million, this company’s outstanding shares have now reached $643.45 million.
Let’s determine the extent of company efficiency that accounts for 100000 employees. In terms of profitability, gross margin is 20.55%, operating margin of 10.29%, and the pretax margin is 9.47%.
Delta Air Lines, Inc. (DAL) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of Delta Air Lines, Inc. is 0.37%, while institutional ownership is 78.61%. The most recent insider transaction that took place on Jul 12 ’24, was worth 438,967. In this transaction Director of this company bought 10,000 shares at a rate of $43.90, taking the stock ownership to the 20,000 shares. Before that another transaction happened on May 08 ’24, when Company’s EVP & Chief People Officer sold 4,846 for $52.30, making the entire transaction worth $253,422. This insider now owns 112,421 shares in total.
Delta Air Lines, Inc. (DAL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -2.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.69% 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
Here are Delta Air Lines, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 24.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.95, a number that is poised to hit 1.52 in the next quarter and is forecasted to reach 7.30 in one year’s time.
Technical Analysis of Delta Air Lines, Inc. (DAL)
Looking closely at Delta Air Lines, Inc. (NYSE: DAL), its last 5-days average volume was 7.3 million, which is a drop from its year-to-date volume of 9.49 million. As of the previous 9 days, the stock’s Stochastic %D was 68.66%. Additionally, its Average True Range was 1.13.
During the past 100 days, Delta Air Lines, Inc.’s (DAL) raw stochastic average was set at 31.38%, which indicates a significant decrease from 96.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.54% in the past 14 days, which was lower than the 31.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.20, while its 200-day Moving Average is $43.83. However, in the short run, Delta Air Lines, Inc.’s stock first resistance to watch stands at $42.80. Second resistance stands at $43.11. The third major resistance level sits at $43.60. If the price goes on to break the first support level at $42.00, it is likely to go to the next support level at $41.50. Now, if the price goes above the second support level, the third support stands at $41.19.
Delta Air Lines, Inc. (NYSE: DAL) Key Stats
With a market capitalization of 27.42 billion, the company has a total of 645,312K Shares Outstanding. Currently, annual sales are 58,048 M while annual income is 4,609 M. The company’s previous quarter sales were 16,658 M while its latest quarter income was 1,305 M.
