With 14.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.68 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 $58.25. With its current market cap of 30.64 billion, DAL has annualized dividend of $0.30 while the current yield stands at 0.63%. 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 3.81%, but this was up by 11.39% over a month. Three-month performance surged to 13.11% while six-month performance rose 32.93%. The stock gained 37.74% in the past year, while it has gained 18.39% so far this year. A look at the trailing 12-month EPS for DAL yields 7.79 with Next year EPS estimates of 7.55. For the next quarter, that number is 2.33. This implies an EPS growth rate of 4.93% for this year and 15.06% for next year. EPS is expected to grow by 9.62% 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 Mar 28, 2024, short shares totaled 17.69 million, which was 2.75% higher than short shares on Feb 29, 2024. In addition to DAL as the firm’s Delta Air Lines, Inc., AAL serves as its American Airlines Group, Inc..
Institutional Ownership:
Through their ownership of 70.38% 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
