Delta Air Lines, Inc (NYSE: DAL) is -34.76% 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 $40.85 in the last trading session, with the day’s loss setting it -1.38%.
Currently trading at $39.47, the stock is -6.10% and -22.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.07 million and changing -3.38% at the moment leaves the stock -25.47% off its SMA200. DAL registered -17.56% loss for a year compared to 6-month loss of -29.91%. The firm has a 50-day simple moving average (SMA 50) of $50.7786 and a 200-day simple moving average (SMA200) of $52.96205.
The stock witnessed a -15.93% gain in the last 1 month and extending the period to 3 months gives it a -40.03%, and is -3.45% 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 4.10% over the week and 6.64% over the month.
Delta Air Lines, Inc (DAL) has around 103000 employees, a market worth around $25.77B and $61.93B in sales. Current P/E ratio is 7.00 and Fwd P/E is 5.96. Profit margin for the company is 5.91%. Distance from 52-week low is 13.63% and -43.60% from its 52-week high. The company has generated returns on investments over the last 12 months (10.75%).
with sales reaching $16.16B over the same period.The EPS is expected to shrink by -13.35% this year, but quarterly earnings will post -1.74% year-over-year. Quarterly sales are estimated to shrink -2.96% in year-over-year returns.
Delta Air Lines, Inc (DAL) Top Institutional Holders
1546.0 institutions hold shares in Delta Air Lines, Inc (DAL), with institutional investors hold 82.34% of the company’s shares. The shares outstanding are 652.96M, and float is at 650.23M with Short Float at 3.54%. Institutions hold 82.07% 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 11.2299% 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).
