On Monday, Delta Air Lines, Inc (NYSE: DAL) opened lower -0.64% from the last session, before settling in for the closing price of $63.82. Price fluctuations for DAL have ranged from $36.19 to $66.25 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 20.20%. Company’s average yearly earnings per share was noted -2.30% at the time writing. With a float of $643.18 million, this company’s outstanding shares have now reached $645.28 million.
The extent of productivity of a business whose workforce counts for 100000 workers is very important to gauge. 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
A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of Delta Air Lines, Inc is 0.33%, while institutional ownership is 79.71%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.28 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.16) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.30% 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
Check out the current performance indicators for Delta Air Lines, Inc (DAL). In the past 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 0.68. Likewise, its price to free cash flow for the trailing twelve months is 33.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.20, a number that is poised to hit 1.75 in the next quarter and is forecasted to reach 7.38 in one year’s time.
Technical Analysis of Delta Air Lines, Inc (DAL)
The latest stats from [Delta Air Lines, Inc, DAL] show that its last 5-days average volume of 5.67 million was inferior to 9.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.99%. Additionally, its Average True Range was 1.78.
During the past 100 days, Delta Air Lines, Inc’s (DAL) raw stochastic average was set at 90.19%, which indicates a significant increase from 42.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.01% in the past 14 days, which was lower than the 36.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.74, while its 200-day Moving Average is $48.58. Now, the first resistance to watch is $64.04. This is followed by the second major resistance level at $64.67. The third major resistance level sits at $65.11. If the price goes on to break the first support level at $62.97, it is likely to go to the next support level at $62.53. The third support level lies at $61.90 if the price breaches the second support level.
Delta Air Lines, Inc (NYSE: DAL) Key Stats
There are currently 645,281K shares outstanding in the company with a market cap of 41.05 billion. Presently, the company’s annual sales total 58,048 M according to its annual income of 4,609 M. Last quarter, the company’s sales amounted to 15,677 M and its income totaled 1,272 M.
