What Are The Chances Of Delta Air Lines, Inc. (NYSE: DAL) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, DAL falls under the Industrials sector while operating within the Airlines industry segment. The current market capitalization of Delta Air Lines, Inc. is $35.55B. A total of 6.86 million shares were traded on the day, compared to an average of 9.04M shares.

In the most recent transaction, BELLEMARE ALAIN sold 19,490 shares of DAL for 55.26 per share on Oct 17 ’24. After the transaction, the EVP & Pres. – International now owns 121,961 company shares. In a previous transaction on Oct 17 ’24, Samant Rahul D sold 10,000 shares at 55.48 per share. DAL shares that EVP & Chief Info Officer owns now total 74,163.

Among the insiders who sold shares, Carter Peter W disposed of 18,100 shares on Oct 16 ’24 at a per-share price of $55.78. This resulted in the EVP – External Affairs holding 125,228 shares of DAL after the transaction. In another insider transaction, BELLEMARE ALAIN bought 19,490 shares at $55.26 per share on Oct 17 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Delta Air Lines, Inc. pays an annual dividend of $0.50, resulting in a dividend yield of 0.91%, and it has a price to earnings (P/E) ratio of 7.65. DAL’s most recent ex-dividend date was 10/10/2024 when it declared a $0.15 quarterly dividend that was paid in cash on 10/31/2024. Previously, the company paid the dividend on 8/20/2024 with an ex-dividend date of 7/30/2024. The DAL stock dividend was $0.15 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, DAL has a high of $56.48 and a low of $30.60.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DAL’s latest balance sheet shows that the firm has $11.32B in Cash & Short Term Investments as of fiscal 2021. There were $34.68B in debt and $20.97B in liabilities at the time. Its Book Value Per Share was $21.15, while its Total Shareholder’s Equity was $3.89B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DAL is Buy with a score of 5.00.

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