Currently, there are 645.28M common shares owned by the public and among those 643.27M shares have been available to trade.
The company’s stock has a 5-day price change of -1.01% and 23.52% over the past three months. DAL shares are trading 11.82% year to date (YTD), with the 12-month market performance up to 68.37% higher. It has a 12-month low price of $37.29 and touched a high of $69.98 over the same period. DAL has an average intraday trading volume of 8.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.28%, 6.58%, and 29.71% respectively.
Institutional ownership of Delta Air Lines, Inc (NYSE: DAL) shares accounts for 79.69% of the company’s 645.28M shares outstanding.
It has a market capitalization of $43.65B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 12.70, while the earnings-per-share (ttm) stands at $5.33. The company has a PEG of 0.87 and a Quick Ratio of 0.32 with the debt-to-equity ratio at 1.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.76% over the week and 3.00% over the month.
Earnings per share for the fiscal year are expected to increase by 23.45%, and 11.11% over the next financial year. EPS should grow at an annualized rate of 14.52% over the next five years, compared to -6.10% over the past 5-year period.
Looking at the support for the DAL, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on January 13, 2025, with the firm’s price target at $78-$90. UBS coverage for the Delta Air Lines, Inc (DAL) stock in a research note released on November 26, 2024 offered a Buy rating with a price target of $88. Goldman was of a view on November 15, 2024 that the stock is Buy, while TD Cowen gave the stock Buy rating on November 12, 2024, issuing a price target of $59- $75. TD Cowen on their part issued Buy rating on July 17, 2024.
