Delta Air Lines, Inc (DAL) kicked off at the price of $64.07: Venture capitalists have an exciting new opportunity

Delta Air Lines, Inc (NYSE: DAL) kicked off on Friday, down -1.20% from the previous trading day, before settling in for the closing price of $64.85. Over the past 52 weeks, DAL has traded in a range of $35.28-$66.25.

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Industrials Sector giant saw their annual sales surged by 20.20% over the last five years. While this was happening, its average annual earnings per share was recorded -2.41%. With a float of $643.15 million, this company’s outstanding shares have now reached $643.45 million.

The firm has a total of 100000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 20.86%, operating margin of 9.29%, and the pretax margin is 9.5%.

Delta Air Lines, Inc (DAL) Breakdown of a Key Holders of the stock

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 0.33%, while institutional ownership is 79.89%. The most recent insider transaction that took place on Nov 08 ’24, was worth 1,305,256. In this transaction SVP, Fin & Controller of this company sold 21,530 shares at a rate of $60.62, taking the stock ownership to the 19,756 shares. Before that another transaction happened on Nov 07 ’24, when Company’s EVP & Chief Info Officer sold 18,600 for $62.13, making the entire transaction worth $1,155,711. This insider now owns 45,563 shares in total.

Delta Air Lines, Inc (DAL) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.28 earnings per share (EPS), higher than consensus estimate (set at 1.16) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.41% 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

Take a look at Delta Air Lines, Inc’s (DAL) current performance indicators. Last quarter, stock had a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68. Likewise, its price to free cash flow for the trailing twelve months is 32.83.

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 7.34 in one year’s time.

Technical Analysis of Delta Air Lines, Inc (DAL)

Analysing the last 5-days average volume posted by the [Delta Air Lines, Inc, DAL], we can find that recorded value of 8.08 million was lower than the volume posted last year of 9.4 million. As of the previous 9 days, the stock’s Stochastic %D was 82.35%. Additionally, its Average True Range was 1.92.

During the past 100 days, Delta Air Lines, Inc’s (DAL) raw stochastic average was set at 92.47%, which indicates a significant increase from 81.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.11% in the past 14 days, which was higher than the 37.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $53.06, while its 200-day Moving Average is $47.40. Now, the first resistance to watch is $65.32. This is followed by the second major resistance level at $66.57. The third major resistance level sits at $67.30. If the price goes on to break the first support level at $63.34, it is likely to go to the next support level at $62.61. Now, if the price goes above the second support level, the third support stands at $61.36.

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

The company with the Market Capitalisation of 40.85 billion has total of 645,281K 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 15,677 M and last quarter income was 1,272 M.