Delta Air Lines Inc. (NYSE:DAL) has a beta of 1.47. The stock’s Relative Strength Index (RSI) is 53.10, with weekly volatility at 3.55% and ATR at 1.57. The DAL stock’s 52-week price range has touched low of $18.62 and a $52.28 high. Its shares traded higher over the last trading session, gaining 0.95% on 05/17/21. The shares fell to a low of $44.81 before closing at $46.75. Intraday shares traded counted 11.05 million, which was 15.63% higher than its 30-day average trading volume of 13.10M. DAL’s previous close was $46.31 while the outstanding shares total 636.00M.
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 $28.39 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 8.46 billion on their books with 2.98 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 an incline. In terms of their assets, the company currently has 17.85 billion total, with 20.69 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 4.05 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 6,591 shares of the company’s stock in a transaction that recorded on Feb 26. The sale was performed at an average price of 47.56, for a total value of 313,475. As the sale deal closes, the EVP – Global Sales, Sear Steven M now sold 13,000 shares of the company’s stock, valued at 622,336. Also, EVP & Chief People Officer, Smith Joanne D sold 6,200 shares of the company’s stock in a deal that was recorded on Feb 22. The shares were price at an average price of 48.30 per share, with a total market value of 299,491. Following this completion of acquisition, the EVP & Chief Info Officer, Samant Rahul D now holds 11,806 shares of the company’s stock, valued at 505,438. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
9 out of 21 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 $54.88.