Delta Air Lines, Inc (NYSE: DAL) is 7.50% higher on its value in year-to-date trading and has touched a low of $37.29 and a high of $69.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DAL stock was last observed hovering at around $64.34 in the last trading session, with the day’s gains setting it 0.7%.
Currently trading at $65.04, the stock is -2.84% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.61 million and changing 1.09% at the moment leaves the stock 21.52% off its SMA200. DAL registered 58.63% gain for a year compared to 6-month gain of 61.99%.
The stock witnessed a -1.19% loss in the last 1 month and extending the period to 3 months gives it a 0.29%, and is 0.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.21% over the week and 3.05% over the month.
Delta Air Lines, Inc (DAL) has around 103000 employees, a market worth around $42.01B and $61.64B in sales. Current P/E ratio is 12.20 and Fwd P/E is 7.66. Profit margin for the company is 5.61%. Distance from 52-week low is 74.42% and -7.06% from its 52-week high. The company has generated returns on investments over the last 12 months (9.84%).
with sales reaching $13.79B over the same period.The EPS is expected to grow by 24.05% this year, but quarterly earnings will post 1.48% year-over-year. Quarterly sales are estimated to grow 0.34% in year-over-year returns.
The shares outstanding are 646.47M, and float is at 643.06M with Short Float at 3.98%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 71.98 million shares valued at $3.41 billion. The investor’s holdings represent 11.2474 of the DAL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 42.28 million shares valued at $2.01 billion to account for 6.6058 of the shares outstanding. The other top investors are SANDERS CAPITAL, LLC which holds 27.09 million shares representing 4.2266 and valued at over $1.29 billion, while PRIMECAP MANAGEMENT CO/CA/ holds 3.4999 of the shares totaling 22.43 million with a market value of $1.06 billion.
Delta Air Lines, Inc (DAL) Insider Activity
The most recent transaction is an insider sale by Samant Rahul D, the company’s EVP & Chief Info Officer. SEC filings show that Samant Rahul D sold 38,023 shares of the company’s common stock on Feb 11 ’25 at a price of $64.89 per share for a total of $2.47 million. Following the sale, the insider now owns 52789.0 shares.
Still, SEC filings show that on Feb 05 ’25, Samant Rahul D (EVP & Chief Info Officer) disposed off 17,970 shares at an average price of $69.08 for $1.24 million. The insider now directly holds 35,889 shares of Delta Air Lines, Inc (DAL).
