Delta Air Lines, Inc (NYSE:DAL) traded at $61.83 at last check on current trade day and made an upward move of 1.67% on its previous day’s price.
Looking at the stock we see that its previous close was $60.81 and the beta (5Y monthly) reads 1.341 with the day’s price range being $60.74 – $61.98. The company has a trailing 12-month PE ratio of 8.59. In terms of its 52-week price range, DAL has a high of $67.50 and a low of $36.34. The company’s stock has lost about -2.24% over that past 30 days.
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Delta Air Lines, Inc has a market cap of $39.90 billion and is expected to release its quarterly earnings report in January. With its Forward Dividend at 0.50 and a yield of 0.81%, the company’s investors could be anxious for the DAL stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the DAL stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 19 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Delta Air Lines, Inc (DAL) stock as a Hold, while 17 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the DAL stock currently stands at 1.00, and the most recent price level today is -2.04% off its SMA20 and 3.17% from its 50-day simple moving average. The RSI (14) is pointing at 49.80 while the volatility over the past week is 2.34% and jumps to 2.83% over the past one month. The beta value is 1.36, while the average true range (ATR) is currently pointing at 1.77. The average price target for the stock over the next 12 months is $66.65, with the estimates having a low of $55 and a high of $83. These price ends are 11.05% and -34.24% off the today’s price level respectively, although investors could be excited at the prospect of a -7.8% if the DAL share price touches on the median price of $66.65.
Coming back to Delta Air Lines, Inc (NYSE:DAL), we note that the average 3-month trading volume was 8.32 million, while that of the preceding 10-day period stands at 6.89 million. Current shares outstanding are 645.28 million.
The insiders hold 0.33% of the company’s shares while institutions hold 79.71%. The data shows that short shares as of 2024-11-29, stood at 32.39 million at a short ratio of 4.0. This represents a 567.00 short interest in shares outstanding on 2024-11-29. Shares short rose in November from the previous month at 30.5 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 53.68% up in year-to-date price movement.
