Delta Air Lines, Inc (NYSE:DAL) shares traded 3.80% higher at $56.77 on Wall Street last session.
DAL stock price is now -11.09% away from the 50-day moving average and 5.34% away from the 200-day moving average. The market capitalization of the company currently stands at $36.67B.
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, EVP & Chief Info Officer sold 38,023 shares of the company’s stock on Feb 11 ’25. The stock was sold for $2,467,312 at an average price of $64.89. Upon completion of the transaction, the EVP & Chief Info Officer now directly owns 52,789 shares in the company, valued at $3.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 11 ’25, Officer Samant Rahul D bought 38,023 shares of the business’s stock. A total of $2,467,448 was incurred on buying the stock at an average price of $64.89. A total of 0.42% 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.
The net profit margin was 5.61% and return on equity was 26.19% for DAL. The company reported revenue of $15.56 billion for the quarter, compared to $14.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.4 percent.
