Delta Air Lines, Inc (NYSE: DAL) is -40.69% lower on its value in year-to-date trading and has touched a low of $34.74 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 $37.29 in the last trading session, with the day’s loss setting it -1.41%.
Currently trading at $35.88, the stock is -18.86% and -34.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 24.54 million and changing -3.78% at the moment leaves the stock -32.63% off its SMA200. DAL registered -22.10% loss for a year compared to 6-month gain of -27.19%. The firm has a 50-day simple moving average (SMA 50) of $55.1364 and a 200-day simple moving average (SMA200) of $53.2565.
The stock witnessed a -28.71% loss in the last 1 month and extending the period to 3 months gives it a -40.24%, and is -15.42% 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 8.74% over the week and 5.74% over the month.
Delta Air Lines, Inc (DAL) has around 103000 employees, a market worth around $23.18B and $61.64B in sales. Current P/E ratio is 6.73 and Fwd P/E is 5.07. Profit margin for the company is 5.61%. Distance from 52-week low is 3.30% and -48.73% from its 52-week high. The company has generated returns on investments over the last 12 months (9.84%).
with sales reaching $13.46B over the same period.The EPS is expected to shrink by -4.50% this year, but quarterly earnings will post 0.24% year-over-year. Quarterly sales are estimated to shrink -2.12% in year-over-year returns.
Delta Air Lines, Inc (DAL) Top Institutional Holders
1549.0 institutions hold shares in Delta Air Lines, Inc (DAL), with institutional investors hold 83.11% of the company’s shares. The shares outstanding are 646.47M, and float is at 643.28M with Short Float at 3.28%. Institutions hold 82.83% 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 6.5955 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).
