In Monday’s Wall Street session, Delta Air Lines, Inc (NYSE:DAL) shares traded at $43.60, down -0.55% from the previous session.
DAL stock price is now -25.50% away from the 50-day moving average and -18.62% away from the 200-day moving average. The market capitalization of the company currently stands at $28.16B.
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 $2.3 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. According to the stock market information, the enterprise value for the company is $48777375744, which is based on a 8.18 price-to-earnings ratio, a 0.58 price-to-earnings-growth ratio, and a beta of 1.24. The fifty day moving average price for DAL is $58.5248 and a two-hundred day moving average price translates $53.57395 for the stock.
The latest earnings results from Delta Air Lines, Inc (NYSE: DAL) was released for 2024-12-31. 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.
