Delta Air Lines, Inc [NYSE: DAL] slipped around -0.35 points on Tuesday, while shares priced at $64.14 at the close of the session, down -0.54%.
Compared to the average trading volume of 8.94M shares, DAL reached a trading volume of 5484870 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about 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 $76.17 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 1.29. 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.
UBS have made an estimate for Delta Air Lines, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Nov-27-24. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on November 15, 2024, representing the official price target for Delta Air Lines, Inc stock. Previously, the target price had yet another raise from $59 to $75, while TD Cowen kept a Buy rating on DAL stock. On July 17, 2024, analysts decreased their price target for DAL shares from 61 to 59.
The Average True Range (ATR) for Delta Air Lines, Inc is set at 2.00, with the Price to Sales ratio for DAL stock in the period of the last 12 months amounting to 0.69. The Price to Book ratio for the last quarter was 3.03, with the Price to Cash per share for the same quarter was set at 6.31. Price to Free Cash Flow for DAL in the course of the last twelve months was 33.27 with Quick ratio for the last quarter at 0.34.
How has DAL stock performed recently?
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 -0.94. With this latest performance, DAL shares gained by 15.82% in over the last four-week period, additionally plugging by 28.54% over the last 6 months – not to mention a rise of 78.96% 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 64.77, with the RSI for the last a single of trading hit 62.63, and the three-weeks RSI is set at 65.60 for Delta Air Lines, Inc [DAL]. The present Moving Average for the last 50 days of trading for this stock 55.74, while it was recorded at 63.79 for the last single week of trading, and 48.23 for the last 200 days.
Delta Air Lines, Inc [DAL]: Deeper insight into the fundamentals
Delta Air Lines, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.34 and a Current Ratio set at 0.39.
Earnings analysis for Delta Air Lines, Inc [DAL]
With the latest financial reports released by the company, Delta Air Lines, Inc posted 1.28/share EPS, while the average EPS was predicted by analysts to be reported at 1.16/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.12. 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 8.57%.
Insider trade positions for Delta Air Lines, Inc [DAL]
There are presently around $80.48%, or 80.70%% of DAL stock, in the hands of institutional investors. The top three institutional holders of DAL stocks are: VANGUARD GROUP INC with ownership of 71.98 million shares, which is approximately 11.2474%. BLACKROCK INC., holding 42.28 million shares of the stock with an approximate value of $$2.01 billion in DAL stocks shares; and BLACKROCK INC., currently with $$1.29 billion in DAL stock with ownership which is approximately 4.2332%.
