Delta Air Lines, Inc. (DAL), a Industrials Airlines corporation, saw its stock trade 42.67 common shares, a spike when compared to its 10-day trading volume of 24.2M.
Delta Air Lines, Inc. (DAL) stock is quoted at $42.67, down -2.8 cents or -6.16% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking losses.
Total Revenue for Delta Air Lines, Inc. (DAL) is $47.01B. Gross Profit is $12.92B and the EBITDA is $8.91B.
Delta Air Lines, Inc. (DAL) Technical Research:
The average 10-day trading volume of Delta Air Lines, Inc. (DAL) is 24.2M compared to 9.71M over the last 3 months which indicates a drop in trading activity. Currently, Delta Air Lines, Inc. (DAL) has a 50-day moving average of $54.06 and a 200-day moving average of $56.30. These moving averages are popular technical figures that investors use to analyze price trends of Delta Air Lines, Inc. (DAL).
Approximately 3.53% of the shares of the company are sold short from traders betting the shares might trade lower. The beta value of Delta Air Lines, Inc. (DAL) stock is 1.27, indicating its 7.46% to 5.09% more volatile than the overall global market.
Technically, DALs short term resistance levels are $66.63, $66.63 and $66.63 on the upside.
Based on technical analysis, DAL has short term rating of Bearish (-0.44), Intermediate rating of Neutral (-0.15) and the long-term rating of Bearish (-0.39) giving it an overall rating of Bearish (-0.32).
DAL is trading 2.92% off its 52 week low at $41.46 and -32.74% off its 52 week high of $63.44. Performance wise, DAL stock has recently shown investors -12.02% a drop in a week, -26.06% a drop in a month and -23.53% a drop in the past quarter.
Furthermore, Delta Air Lines, Inc. (DAL) has shown a return of -27.03% since the first of the year.
Delta Air Lines, Inc. (DAL) Key Data:
Delta Air Lines, Inc. (DAL) is a large-cap company with a market cap value of $27.313B. DAL insiders hold roughly 50.04% of the shares.
On Jan-21-20 Argus Upgrade DAL as Hold → Buy at $76. On Feb-27-20 Deutsche Bank Downgrade DAL as Buy → Hold and on Mar-11-20 Argus Downgrade DAL as Buy → Hold.
There are currently 637.61M shares in the float and 642.00M shares outstanding. There are 3.53% shares short in DALs float.
The industry rank for Delta Air Lines, Inc. (DAL) is 73 out of 253 ranking it at the Top 29% .
Delta Air Lines, Inc. (DAL) Fundamental Evaluation:
DAL last 2 years revenues have increased from $47,007,000 to $47,007,000 showing an uptrend.
Wall Street expects Delta Air Lines, Inc. (DAL) to report an EPS next Qtr profit of 1.04 and a profit of 9.47% next year.
The growth rate on DAL this year is -6.57 compared to an industry -0.90. DALs next year’s growth rate is 14.93 compared to an industry 18.90.
The book value per share (mrq) is 23.92 and cash per share (mrq) is -. Giving them a price/book (mrq) of 1.80 compared to an industry of 0.88 and DALs price/cash flow (mrfy) is 3.75 compared to an industry of 3.23.
DAL fundamental ratios shows an EPS growth vs. previous year 6.83 and EPS growth vs. previous quarter 0.98.
About Delta Air Lines, Inc. (DAL):
Delta Air Lines is one of the four carriers that controls majority of the US aviation market (the carriers account for more than 60% of the domestic market share). This development followed a spate of mergers in the industry during the early part of this century.Delta, the second airline company to have joined the coveted S&P 500 Index, commands more than 17% share of the domestic market.Bulk of this Atlanta-GA based carrier’s revenues are recognized from its airline segment. Evidently, 99.8% of the $47-billion amount generated in 2019 came from this unit. Balance is represented by the refinery segment, which operates for the benefit of the airline division by providing it with jet fuel from its own production and agreements with third parties.Moreover, with demand for air travel remaining strong, passenger revenues accounted for the bulk (89.9%) of the top line in 2019. Cargo revenues contributed 1.6% while the rest came from other sources.Passenger revenues come from three sources, such as ticket sales, loyalty travel awards and travel-related services. In 2019, 87.3% of passenger revenues are recorded from ticket sales. Loyalty travel awards and travel-related services reflected 6.9% and 5.8% of passenger revenues, respectively, in 2019.Geographically, passenger revenues are generated by domestic operations in the Atlantic, Latin America and the Pacific region. In 2019, 71.8% of passenger revenues was derived from domestic activities. Operations in the Atlantic, Latin American and the Pacific regions accounted for 15.1%, 7.1% and 6% of 2019’s passenger revenues, respectively.Delta offers more than 5,000 departures per day apart from 15,000 affiliated departures. Also, through its partnerships with the likes of Aeromexico, Air France-KLM, Alitalia, China Eastern, Korean Air, Virgin Atlantic, Virgin Australia and WestJet, Delta aims to improve the travel experience of its passengers and widen its network.The carrier’s hub operations include flights and the network is supported by a fleet of aircraft, which is varied in terms of size and capabilities. Moreover, the absence of Boeing 737 MAX jets in its fleet makes Delta immune to the troubles stemming from prolonged groundings.The company’s fiscal year coincides with the calendar year.