While Delta Air Lines, Inc has underperformed by -1.98%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DAL rose by 58.90%, with highs and lows ranging from $69.98 to $37.29, whereas the simple moving average jumped by 18.97% in the last 200 days.
On January 13, 2025, TD Cowen Reiterated Delta Air Lines, Inc (NYSE: DAL) to Buy. Goldman also rated DAL shares as ‘Buy’, setting a target price of $83 on the company’s shares in an initiating report dated November 15, 2024. TD Cowen Reiterated the rating as Buy on November 12, 2024, but set its price target from $59 to $75. TD Cowen resumed its ‘Buy’ rating for DAL, as published in its report on July 17, 2024. TD Cowen’s report from July 02, 2024 suggests a price prediction of $61 for DAL shares, giving the stock a ‘Buy’ rating. UBS also rated the stock as ‘Buy’.
Analysis of Delta Air Lines, Inc (DAL)
DAL currently pays a dividend of $0.50 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 9.39%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Delta Air Lines, Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 26.19% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.32, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 7.57M can be a very valuable indicator of volatility for DAL stock. On a monthly basis, the volatility of the stock is set at 3.15%, whereas on a weekly basis, it is put at 4.61%, with a loss of -3.89% over the past seven days. Furthermore, long-term investors anticipate a median target price of $83.20, showing growth from the present price of $63.75, which can serve as yet another indication of whether DAL is worth investing in or should be passed over.
How Do You Analyze Delta Air Lines, Inc Shares?
The USA based company Delta Air Lines, Inc (DAL) is one of the biggest names in Airlines. When comparing Delta Air Lines, Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 11.96, there is a growth in quarterly earnings of -59.12%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.45%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 82.08% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DAL shares are owned by institutional investors to the tune of 82.08% at present.
