Delta Air Lines Inc. [DAL] Stock trading around $32.86 per share: What’s Next?

Delta Air Lines Inc. [NYSE: DAL] price surged by 0.40 percent to reach at $0.13. The company report on December 30, 2022 that Delta Air Lines Announces Webcast of December Quarter and Full Year 2022 Financial Results.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…


Delta Air Lines (NYSE:DAL) will hold a live conference call and webcast to discuss its December quarter and full year 2022 financial results at 10 a.m. EST, Friday, Jan. 13, 2023.

A live webcast of this event will be available at An online replay will be available at the same site shortly after the webcast is complete.

A sum of 6947418 shares traded at recent session while its average daily volume was at 10.00M shares. Delta Air Lines Inc. shares reached a high of $33.05 and dropped to a low of $32.35 until finishing in the latest session at $32.86.

The one-year DAL stock forecast points to a potential upside of 32.77. The average equity rating for DAL stock is currently 1.70, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Delta Air Lines Inc. [DAL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DAL shares is $48.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DAL stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Delta Air Lines Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 16, 2022. While these analysts kept the previous recommendation, Evercore ISI dropped their target price from $50 to $40. The new note on the price target was released on December 15, 2022, representing the official price target for Delta Air Lines Inc. stock. Previously, the target price had yet another raise to $54, while Cowen analysts kept a Outperform rating on DAL stock.

The Average True Range (ATR) for Delta Air Lines Inc. is set at 1.04, with the Price to Sales ratio for DAL stock in the period of the last 12 months amounting to 0.45. The Price to Book ratio for the last quarter was 4.57, with the Price to Cash per share for the same quarter was set at 13.10. Price to Free Cash Flow for DAL in the course of the last twelve months was 5.55 with Quick ratio for the last quarter at 0.50.

DAL Stock Performance Analysis:

Delta Air Lines Inc. [DAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.18. With this latest performance, DAL shares dropped by -7.10% in over the last four-week period, additionally plugging by 11.31% over the last 6 months – not to mention a drop of -15.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DAL stock in for the last two-week period is set at 45.64, with the RSI for the last a single of trading hit 44.91, and the three-weeks RSI is set at 47.09 for Delta Air Lines Inc. [DAL]. The present Moving Average for the last 50 days of trading for this stock 33.87, while it was recorded at 32.73 for the last single week of trading, and 34.50 for the last 200 days.

Insight into Delta Air Lines Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Delta Air Lines Inc. [DAL] shares currently have an operating margin of -8.85 and a Gross Margin at -0.96. Delta Air Lines Inc.’s Net Margin is presently recorded at +0.94.

Return on Equity for this stock inclined to 10.33, with Return on Assets sitting at 0.37.

Delta Air Lines Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.60.


The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Delta Air Lines Inc. go to 13.31%.

Delta Air Lines Inc. [DAL] Insider Position Details

There are presently around $14,099 million, or 67.50% of DAL stock, in the hands of institutional investors. The top three institutional holders of DAL stocks are: VANGUARD GROUP INC with ownership of 70,356,139, which is approximately 1.321% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 36,576,591 shares of the stock with an approximate value of $1.2 billion in DAL stocks shares; and PRIMECAP MANAGEMENT CO/CA/, currently with $735.06 million in DAL stock with ownership of nearly 5.011% of the company’s market capitalization.

Positions in Delta Air Lines Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 387 institutional holders increased their position in Delta Air Lines Inc. [NYSE:DAL] by around 33,806,925 shares. Additionally, 409 investors decreased positions by around 40,679,820 shares, while 189 investors held positions by with 354,581,241 shares. The mentioned changes placed institutional holdings at 429,067,986 shares, according to the latest SEC report filing. DAL stock had 84 new institutional investments in for a total of 5,670,842 shares, while 95 institutional investors sold positions of 5,679,222 shares during the same period.


Please enter your comment!
Please enter your name here