On Monday, Delta Air Lines, Inc. (NYSE: DAL) was 0.39% up from the session before settling in for the closing price of $49.28. A 52-week range for DAL has been $30.60 – $53.86.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 20.20%. When this article was written, the company’s average yearly earnings per share was at -1.70%. With a float of $643.01 million, this company’s outstanding shares have now reached $643.45 million.
Considering the fact that the conglomerate employs 100000 people, you should pay attention to its efficiency factor. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Delta Air Lines, Inc. stocks. The insider ownership of Delta Air Lines, Inc. is 0.37%, while institutional ownership is 77.42%. 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 -1.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.54% 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
You can see what Delta Air Lines, Inc. (DAL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 28.89.
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 7.31 in one year’s time.
Technical Analysis of Delta Air Lines, Inc. (DAL)
Compared to the last year’s volume of 9.47 million, its volume of 8.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.21%. Additionally, its Average True Range was 1.47.
During the past 100 days, Delta Air Lines, Inc.’s (DAL) raw stochastic average was set at 75.00%, which indicates a significant increase from 50.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.54% in the past 14 days, which was higher than the 33.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.49, while its 200-day Moving Average is $44.88. Nevertheless, the first resistance level for the watch stands at $49.79 in the near term. At $50.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $50.56. If the price goes on to break the first support level at $49.03, it is likely to go to the next support level at $48.59. Now, if the price goes above the second support level, the third support stands at $48.26.
Delta Air Lines, Inc. (NYSE: DAL) Key Stats
There are 645,312K outstanding shares of the company, which has a market capitalization of 31.93 billion. As of now, sales total 58,048 M while income totals 4,609 M. Its latest quarter income was 16,658 M while its last quarter net income were 1,305 M.
