With 9.65 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.14 million shares. The 52-week range on DAL shows that it touched its highest point at $49.81 and its lowest point at $30.60 during that stretch. It currently has a 1-year price target of $53.89. With its current market cap of 27.70 billion, DAL has annualized dividend of $0.30 while the current yield stands at 0.70%. Beta for the stock currently stands at 1.43.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DAL was up-trending over the past week, with a rise of 0.65%, but this was up by 7.62% over a month. Three-month performance surged to 4.41% while six-month performance rose 8.87%. The stock gained 21.40% in the past year, while it has gained 7.03% so far this year. A look at the trailing 12-month EPS for DAL yields 7.16 with Next year EPS estimates of 7.50. For the next quarter, that number is 0.35. This implies an EPS growth rate of 3.17% for this year and 16.29% for next year. EPS is expected to grow by 20.12% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.80%.
Float and Shares Shorts:
At present, 643.45 million DAL shares are outstanding with a float of 640.67 million shares on hand for trading. On Feb 29, 2024, short shares totaled 14.76 million, which was 2.29% higher than short shares on Jan 31, 2024. In addition to AAL as the firm’s American Airlines Group, Inc., DAL serves as its Delta Air Lines, Inc.
Institutional Ownership:
Through their ownership of 70.46% of DAL’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DAL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
