Delta Air Lines, Inc (NYSE: DAL) is -9.60% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DAL stock was last observed hovering at around $58.45 in the last trading session, with the day’s loss setting it -3.76%.
Currently trading at $54.69, the stock is -14.01% and -14.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.83 million and changing -6.43% at the moment leaves the stock 1.51% off its SMA200. DAL registered 29.38% gain for a year compared to 6-month gain of 31.59%.
The stock witnessed a -18.70% loss in the last 1 month and extending the period to 3 months gives it a -14.04%, and is -11.49% down 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 4.19% over the week and 3.92% over the month.
Delta Air Lines, Inc (DAL) has around 103000 employees, a market worth around $35.33B and $61.64B in sales. Current P/E ratio is 10.26 and Fwd P/E is 6.41. Profit margin for the company is 5.61%. Distance from 52-week low is 46.66% and -21.85% 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 23.66% this year, but quarterly earnings will post 2.03% year-over-year. Quarterly sales are estimated to grow 0.34% in year-over-year returns.
Delta Air Lines, Inc (DAL) Top Institutional Holders
The shares outstanding are 646.47M, and float is at 643.28M with Short Float at 4.10%.
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
A total of 0 insider transactions have happened at Delta Air Lines, Inc (DAL) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Samant Rahul D,the company’sEVP & 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).
Delta Air Lines, Inc (DAL): Who are the competitors?
The company’s main competitors (and peers) include Southwest Airlines Co. (LUV) that is trading -14.79% down over the past 12 months. United Airlines Holdings Inc. (UAL) that is 95.62% higher over the same period.
