On Friday, Delta Air Lines, Inc. (NYSE: DAL) was -1.19% drop from the session before settling in for the closing price of $54.77. A 52-week range for DAL has been $30.60 – $56.48.
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Annual sales at Industrials sector company grew by 20.20% over the past five years. When this article was written, the company’s average yearly earnings per share was at -2.37%. With a float of $642.93 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. In terms of profitability, gross margin is 20.68%, operating margin of 9.29%, and the pretax margin is 9.5%.
Delta Air Lines, Inc. (DAL) Insider Updates
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 0.36%, while institutional ownership is 77.35%. The most recent insider transaction that took place on Oct 17 ’24, was worth 1,076,978. In this transaction EVP & Pres. – International of this company sold 19,490 shares at a rate of $55.26, taking the stock ownership to the 121,961 shares. Before that another transaction happened on Oct 17 ’24, when Company’s EVP & Chief Info Officer sold 10,000 for $55.48, making the entire transaction worth $554,800. This insider now owns 74,163 shares in total.
Delta Air Lines, Inc. (DAL) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.28 earnings per share (EPS) during the time that was better than consensus figure (set at 1.16) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.57% 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 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 28.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.20, a number that is poised to hit 1.74 in the next quarter and is forecasted to reach 7.29 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 6.18 million, a negative change from its year-to-date volume of 9.45 million. As of the previous 9 days, the stock’s Stochastic %D was 60.75%. Additionally, its Average True Range was 1.58.
During the past 100 days, Delta Air Lines, Inc.’s (DAL) raw stochastic average was set at 87.69%, which indicates a significant increase from 67.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.36% in the past 14 days, which was higher than the 34.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.28, while its 200-day Moving Average is $45.78. Nevertheless, the first resistance level for the watch stands at $54.97 in the near term. At $55.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.36. If the price goes on to break the first support level at $53.57, it is likely to go to the next support level at $53.02. Assuming the price breaks the second support level, the third support level stands at $52.18.
Delta Air Lines, Inc. (NYSE: DAL) Key Stats
There are 645,312K outstanding shares of the company, which has a market capitalization of 34.92 billion. As of now, sales total 58,048 M while income totals 4,609 M. Its latest quarter income was 15,677 M while its last quarter net income were 1,272 M.
