How Does Delta Air Lines, Inc’s (NYSE: DAL) Short-Term Prospect Look Like?

Delta Air Lines, Inc (NYSE:DAL) traded at $64.17 at last check on current trade day and made a downward move of -0.27% on its previous day’s price.

Delta Air Lines, Inc has a market cap of $41.45 billion and is expected to release its quarterly earnings report in March. With its Forward Dividend at 0.50 and a yield of 0.78%, 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 50% 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 0.81, and the most recent price level today is -4.09% off its SMA20 and -0.24% from its 50-day simple moving average. The RSI (14) is pointing at 44.59 while the volatility over the past week is 4.13% and jumps to 2.99% over the past one month. The beta value is 1.33, while the average true range (ATR) is currently pointing at 2.07. The average price target for the stock over the next 12 months is $72, with the estimates having a low of $65 and a high of $83. These price ends are -1.29% and -29.34% off the today’s price level respectively, although investors could be excited at the prospect of a -12.2% if the DAL share price touches on the median price of $72.

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