On Friday, Delta Air Lines, Inc (NYSE: DAL) opened higher 0.91% from the last session, before settling in for the closing price of $60.38. Price fluctuations for DAL have ranged from $36.34 to $67.50 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 20.20%. Company’s average yearly earnings per share was noted -2.22% at the time writing. With a float of $643.18 million, this company’s outstanding shares have now reached $645.28 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.22% 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 0.66. Likewise, its price to free cash flow for the trailing twelve months is 31.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.20, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 7.41 in one year’s time.
Technical Analysis of Delta Air Lines, Inc (DAL)
Looking closely at Delta Air Lines, Inc (NYSE: DAL), its last 5-days average volume was 8.63 million, which is a drop from its year-to-date volume of 9.21 million. As of the previous 9 days, the stock’s Stochastic %D was 27.40%. Additionally, its Average True Range was 1.93.
During the past 100 days, Delta Air Lines, Inc’s (DAL) raw stochastic average was set at 78.25%, which indicates a significant increase from 28.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.43% in the past 14 days, which was lower than the 35.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.27, while its 200-day Moving Average is $50.01. However, in the short run, Delta Air Lines, Inc’s stock first resistance to watch stands at $61.90. Second resistance stands at $62.88. The third major resistance level sits at $63.91. If the price goes on to break the first support level at $59.89, it is likely to go to the next support level at $58.86. Should the price break the second support level, the third support level stands at $57.88.
Delta Air Lines, Inc (NYSE: DAL) Key Stats
There are currently 645,281K shares outstanding in the company with a market cap of 39.68 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.
