Delta Air Lines Inc. (NYSE:DAL) Relative Strength Index (RSI) is 74.09, with weekly volatility at 3.26% and ATR at 1.51. The DAL stock’s 52-week price range has touched low of $17.51 and a $58.99 high. Intraday shares traded counted 21.45 million, which was -66.3% lower than its 30-day average trading volume of 12.90M. Its shares traded higher over the last trading session, gaining 4.53% on 02/22/21. The shares fell to a low of $46.47 before closing at $47.74. DAL’s previous close was $45.67 while the outstanding shares total 636.00M. The firm has a beta of 1.49.
Investors have identified the Airlines company Delta Air Lines Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $29.60 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Delta Air Lines Inc. (DAL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For DAL, the company has in raw cash 8.31 billion on their books with 1.73 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 17.4 billion total, with 15.93 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DAL sounds very interesting.
Is the stock of DAL attractive?
In related news, EVP & Chief Info Officer, Samant Rahul D sold 11,806 shares of the company’s stock in a transaction that recorded on Feb 11. The sale was performed at an average price of 42.81, for a total value of 505,438. As the sale deal closes, the Int Co-CFO & SVP, Fin & Cntlr, Carroll William C now sold 2,689 shares of the company’s stock, valued at 103,661. Also, EVP & CFO, Jacobson Paul A sold 125,000 shares of the company’s stock in a deal that was recorded on Nov 09. The shares were price at an average price of 35.84 per share, with a total market value of 4,480,000. Following this completion of acquisition, the EVP & Chief People Officer, Smith Joanne D now holds 13,532 shares of the company’s stock, valued at 498,045. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
11 out of 23 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Delta Air Lines Inc.. 1 analysts has assigned a Sell rating on the DAL stock. The 12-month mean consensus price target for the company’s shares has been set at $46.79.