Stocks of Delta Air Lines, Inc (NYSE:DAL) traded higher last session on Wall Street, down -0.82% to $67.78.
DAL stock price is now 7.49% away from the 50-day moving average and 31.00% away from the 200-day moving average. The market capitalization of the company currently stands at $43.74B.
With the price target enhanced from $78 to $90, TD Cowen maintained Buy rating for Delta Air Lines, Inc (NYSE: DAL). , while ‘Goldman’ rates the stock as ‘Buy’
In other news, Bastian Edward H, Officer bought 91,710 shares of the company’s stock on Jan 22 ’25. The stock was bought for $6,405,944 at an average price of $69.85. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 17 ’25, SVP, Fin & Controller Carroll William C sold 8,400 shares of the business’s stock. A total of $554,534 was realized by selling the stock at an average price of $66.02. This leaves the insider owning 19,756 shares of the company worth $1.34 million. A total of 0.31% of the company’s stock is owned by insiders.
During the past 12 months, Delta Air Lines, Inc has had a low of $36.98 and a high of $68.99. As of last week, the company has a debt-to-equity ratio of 1.49, a current ratio of 0.37, and a quick ratio of 0.32. According to the stock market information, the enterprise value for the company is $60888260608, which is based on a 12.72 price-to-earnings ratio, a 1.49 price-to-earnings-growth ratio, and a beta of 1.36. The fifty day moving average price for DAL is $63.0546 and a two-hundred day moving average price translates $51.7389 for the stock.
The latest earnings results from Delta Air Lines, Inc (NYSE: DAL) was released for 2024-09-30. The net profit margin was 5.61% and return on equity was 26.22% for DAL. The company reported revenue of $15.68 billion for the quarter, compared to $15.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent.
