Delta Air Lines, Inc. (NYSE: DAL): The Best-Of-Breed For Investing?

Currently, there are 641.27M common shares owned by the public and among those 640.93M shares have been available to trade.

Insiders at the company have transacted a total of 33 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 20 of these insider trades were purchases, accounting for 252,570 shares. Insider sales of the common stock occurred on 13 occasions, with total insider shares sold totaling 107,857 shares.

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However, the script later moved the day high at 40.94, up 0.17%. The company’s stock has a 5-day price change of 3.41% and 21.21% over the past three months. DAL shares are trading 0.87% year to date (YTD), with the 12-month market performance up to 4.02% higher. It has a 12-month low price of $30.60 and touched a high of $49.81 over the same period. DAL has an average intraday trading volume of 0.64 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.00%, 1.98%, and 3.16% respectively.

Institutional ownership of Delta Air Lines, Inc. (NYSE: DAL) shares accounts for 70.63% of the company’s 641.27M shares outstanding.

It has a market capitalization of $26.11B and a beta (3y monthly) value of 1.43. The stock’s trailing 12-month PE ratio is 5.67, while the earnings-per-share (ttm) stands at $7.16. The company has a PEG of 0.28 and a Quick Ratio of 0.33 with the debt-to-equity ratio at 2.48. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.21% over the week and 2.83% over the month.

Analysts forecast that Delta Air Lines, Inc. (DAL) will achieve an EPS of $Delta Air Lines, Inc. for the current quarter, $40.58 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $United Airlines Holdings, Inc. while analysts give the company a high EPS estimate of $Halliburton Company. Comparatively, EPS for the current quarter was $Western Alliance Bancorporation a year ago. Earnings per share for the fiscal year are expected to increase by 3.37%, and 15.96% over the next financial year. EPS should grow at an annualized rate of 20.12% over the next five years, compared to 4.81% over the past 5-year period.

Looking at the support for the DAL, a number of firms have released research notes about the stock. Evercore ISI stated their Outperform rating for the stock in a research note on March 07, 2023, with the firm’s price target at $40-$47.

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