Delta Air Lines, Inc (NYSE: DAL) On Friday, started off the session at the price of On Friday, remained unchanged from the previous trading day, before settling in for the closing price of $63.34. Within the past 52 weeks, DAL’s price has moved between $35.46 and $66.25.
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Annual sales at Industrials sector company grew by 20.20% over the past five years. The company achieved an average annual earnings per share of -2.31%. With a float of $643.15 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 20.86%, operating margin of 9.29%, and the pretax margin is 9.5%.
Delta Air Lines, Inc (DAL) Insider and Institutional Ownership
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Delta Air Lines, Inc is 0.33%, while institutional ownership is 79.73%. The most recent insider transaction that took place on Nov 21 ’24, was worth 1,272,002. In this transaction EVP & Chief People Officer of this company sold 19,660 shares at a rate of $64.70, taking the stock ownership to the 85,123 shares. Before that another transaction happened on Nov 07 ’24, when Company’s EVP & Chief People Officer sold 4,207 for $60.71, making the entire transaction worth $255,390. This insider now owns 104,783 shares in total.
Delta Air Lines, Inc (DAL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -2.31% 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
Delta Air Lines, Inc (DAL) is currently performing well based on its current performance indicators. A quick ratio of 0.34 was reported for the most recent quarter. 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 32.86.
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 7.35 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 8.78 million, a negative change from its year-to-date volume of 9.39 million. As of the previous 9 days, the stock’s Stochastic %D was 47.41%. Additionally, its Average True Range was 2.01.
During the past 100 days, Delta Air Lines, Inc’s (DAL) raw stochastic average was set at 89.95%, which indicates a significant increase from 68.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.21% 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 $55.01, while its 200-day Moving Average is $47.99. Nevertheless, the first resistance level for the watch stands at $63.67 in the near term. At $64.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $64.39. If the price goes on to break the first support level at $62.96, it is likely to go to the next support level at $62.57. The third support level lies at $62.24 if the price breaches the second support level.
Delta Air Lines, Inc (NYSE: DAL) Key Stats
Market capitalization of the company is 40.87 billion based on 645,281K outstanding shares. Right now, sales total 58,048 M and income totals 4,609 M. The company made 15,677 M in profit during its latest quarter, and 1,272 M in sales during its previous quarter.
