The stock of Delta Air Lines, Inc (NYSE:DAL) last traded at $69.06, unchanged from the previous session.
DAL stock price is now 7.99% away from the 50-day moving average and 30.84% away from the 200-day moving average. The market capitalization of the company currently stands at $44.56B.
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, Samant Rahul D, Officer bought 17,970 shares of the company’s stock on Feb 05 ’25. The stock was bought for $1,241,361 at an average price of $69.08. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, SVP, Fin & Controller Carroll William C sold 6,783 shares of the business’s stock. A total of $447,285 was realized by selling the stock at an average price of $65.94. This leaves the insider owning 10,016 shares of the company worth $0.69 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 $37.29 and a high of $69.98. 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 12.96 price-to-earnings ratio, a 0.88 price-to-earnings-growth ratio, and a beta of 1.32. The fifty day moving average price for DAL is $63.8426 and a two-hundred day moving average price translates $52.6772 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.
