Delta Air Lines, Inc (NYSE: DAL) on Monday, soared 0.88% from the previous trading day, before settling in for the closing price of $67.18. Within the past 52 weeks, DAL’s price has moved between $37.29 and $69.98.
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Annual sales at Industrials sector company grew by 20.28% over the past five years. The company achieved an average annual earnings per share of 23.45%. With a float of $643.27 million, this company’s outstanding shares have now reached $645.28 million.
Let’s look at the performance matrix of the company that is accounted for 100000 employees. In terms of profitability, gross margin is 22.4%, operating margin of 9.73%, and the pretax margin is 7.55%.
Delta Air Lines, Inc (DAL) Insider Updates
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Delta Air Lines, Inc is 0.31%, while institutional ownership is 79.58%. The most recent insider transaction that took place on Jan 22 ’25, was worth 6,405,943. In this transaction Chief Executive Officer of this company sold 91,710 shares at a rate of $69.85, taking the stock ownership to the 439,819 shares. Before that another transaction happened on Jan 22 ’25, when Company’s Officer proposed sale 91,710 for $69.85, making the entire transaction worth $6,405,944.
Delta Air Lines, Inc (DAL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.52% during the next five years compared to -6.10% drop 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 0.32 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 0.71. Likewise, its price to free cash flow for the trailing twelve months is 35.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.33, a number that is poised to hit 0.86 in the next quarter and is forecasted to reach 8.45 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 8.19 million, a negative change from its year-to-date volume of 9.65 million. As of the previous 9 days, the stock’s Stochastic %D was 58.95%. Additionally, its Average True Range was 2.13.
During the past 100 days, Delta Air Lines, Inc’s (DAL) raw stochastic average was set at 92.24%, which indicates a significant increase from 78.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.36% in the past 14 days, which was higher than the 34.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.40, while its 200-day Moving Average is $52.05. Nevertheless, the first resistance level for the watch stands at $68.68 in the near term. At $69.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $70.91. If the price goes on to break the first support level at $66.45, it is likely to go to the next support level at $65.14. Assuming the price breaks the second support level, the third support level stands at $64.23.
Delta Air Lines, Inc (NYSE: DAL) Key Stats
Market capitalization of the company is 43.73 billion based on 645,281K outstanding shares. Right now, sales total 61,643 M and income totals 3,457 M. The company made 15,559 M in profit during its latest quarter, and 843,000 K in sales during its previous quarter.