Delta Air Lines, Inc (DAL) Outlook Starting To Look Brighter?

Delta Air Lines, Inc (DAL) concluded trading on Wednesday at a closing price of $65.04, with 7.61 million shares of worth about $495.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 61.99% during that period and on February 19, 2025 the price saw a gain of about 1.09%. Currently the company’s common shares owned by public are about 646.47M shares, out of which, 643.06M shares are available for trading.

Stock saw a price change of 0.45% in past 5 days and over the past one month there was a price change of -1.19%. Year-to-date (YTD), DAL shares are showing a performance of 7.50% which increased to 58.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.29 but also hit the highest price of $69.98 during that period. The average intraday trading volume for Delta Air Lines, Inc shares is 7.61 million. The stock is currently trading -2.84% below its 20-day simple moving average (SMA20), while that difference is up 1.10% for SMA50 and it goes to 21.52% higher than SMA200.

Delta Air Lines, Inc (NYSE: DAL) currently have 646.47M outstanding shares and institutions hold larger chunk of about 82.04% of that.

The stock has a current market capitalization of $42.01B and its 3Y-monthly beta is at 1.33. PE ratio of stock for trailing 12 months is 12.20, while it has posted earnings per share of $5.33 in the same period. Its PEG reads 0.83 and has Quick Ratio of 0.32 while making debt-to-equity ratio of 1.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DAL, volatility over the week remained 4.21% while standing at 3.05% over the month.

Analysts are in expectations that Delta Air Lines, Inc (DAL) stock would likely to be making an EPS of 0.87 in the current quarter, while forecast for next quarter EPS is 2.81 and it is 8.45 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.75 which is 0.95 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.45 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 24.05% while it is estimated to increase by 11.13% in next year. EPS is likely to grow at an annualized rate of 14.79% for next 5-years, compared to annual growth of -6.08% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on January 13, 2025 offering a Buy rating for the stock and assigned a target price range of between $78 and $90 to it. Coverage by UBS stated Delta Air Lines, Inc (DAL) stock as a Buy in their note to investors on November 26, 2024, suggesting a price target of $88 for the stock. On November 15, 2024, Goldman Resumed their recommendations, while on November 12, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $75. Stock get a Buy rating from TD Cowen on July 17, 2024.

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