Delta Air Lines, Inc (NYSE: DAL) is -24.10% 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 $46.89 in the last trading session, with the day’s loss setting it -0.97%.
Currently trading at $45.92, the stock is -16.33% and -25.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.9 million and changing -2.07% at the moment leaves the stock -14.55% off its SMA200. DAL registered 6.64% gain for a year compared to 6-month gain of 1.64%. The firm has a 50-day simple moving average (SMA 50) of $61.5444 and a 200-day simple moving average (SMA200) of $53.73685.
The stock witnessed a -29.78% loss in the last 1 month and extending the period to 3 months gives it a -25.49%, and is -1.63% 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 5.44% over the week and 4.96% over the month.
Delta Air Lines, Inc (DAL) has around 103000 employees, a market worth around $29.66B and $61.64B in sales. Current P/E ratio is 8.62 and Fwd P/E is 5.55. Profit margin for the company is 5.61%. Distance from 52-week low is 23.14% and -34.38% from its 52-week high. The company has generated returns on investments over the last 12 months (9.84%).
with sales reaching $13.75B over the same period.The EPS is expected to grow by 17.13% this year, but quarterly earnings will post 2.25% year-over-year. Quarterly sales are estimated to grow 0.05% in year-over-year returns.
Delta Air Lines, Inc (DAL) Top Institutional Holders
1557.0 institutions hold shares in Delta Air Lines, Inc (DAL), with institutional investors hold 83.10% of the company’s shares. The shares outstanding are 646.47M, and float is at 643.28M with Short Float at 4.12%. Institutions hold 82.80% of the Float.
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).
