In Tuesday’s Wall Street session, Delta Air Lines, Inc (NYSE:DAL) shares traded at $49.40, up 3.09% from the previous session.
DAL stock price is now 10.50% away from the 50-day moving average and -7.35% away from the 200-day moving average. The market capitalization of the company currently stands at $32.26B.
With the price target maintained at $66, UBS recently Upgraded its rating from Neutral to Buy for Delta Air Lines, Inc (NYSE: DAL). On April 10, 2025, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $45 to quote $50, while ‘UBS’ rates the stock as ‘Neutral’
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 $2.61 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 0.41% of the company’s stock is owned by insiders.
During the past 12 months, Delta Air Lines, Inc has had a low of $34.74 and a high of $69.98. As of last week, the company has a debt-to-equity ratio of 1.44, a current ratio of 0.38, and a quick ratio of 0.33.
The net profit margin was 5.91% and return on equity was 27.52% for DAL. The company reported revenue of $14.04 billion for the quarter, compared to $13.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.12 percent.
