Delta Air Lines Stock Analysis

DAL Stock  USD 47.87  0.56  1.18%   
Delta Air Lines is fairly valued with Real Value of 48.99 and Target Price of 53.94. The main objective of Delta Air stock analysis is to determine its intrinsic value, which is an estimate of what Delta Air Lines is worth, separate from its market price. There are two main types of Delta Air's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Delta Air's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Delta Air's stock to identify patterns and trends that may indicate its future price movements.
The Delta Air stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Delta Air is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Delta Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Delta Air's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Delta Stock Analysis Notes

About 70.0% of the company shares are held by institutions such as insurance companies. The book value of Delta Air was currently reported as 17.37. The company recorded earning per share (EPS) of 7.17. Delta Air Lines last dividend was issued on the 23rd of February 2024. Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia. Delta Air operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 83000 people. To learn more about Delta Air Lines call Edward Bastian at 404 715 2600 or check out https://www.delta.com.

Delta Air Quarterly Total Revenue

14.22 Billion

Delta Air Lines Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Delta Air's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Delta Air Lines or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 27.28 B in debt with debt to equity (D/E) ratio of 6.96, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Delta Air Lines has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Delta Air until it has trouble settling it off, either with new capital or with free cash flow. So, Delta Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Delta Air Lines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Delta to invest in growth at high rates of return. When we think about Delta Air's use of debt, we should always consider it together with cash and equity.
Delta Air Lines has a strong financial position based on the latest SEC filings
About 70.0% of Delta Air shares are held by institutions such as insurance companies
On 18th of March 2024 Delta Air paid $ 0.1 per share dividend to its current shareholders
Latest headline from investing.com: Hut 8 Mining Corp retains Sell rating and stock target on growth strategy

Delta Air Lines Upcoming and Recent Events

Earnings reports are used by Delta Air to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Delta Air previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
11th of April 2024
Upcoming Quarterly Report
View
11th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
10th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Delta Largest EPS Surprises

Earnings surprises can significantly impact Delta Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-01-26
2009-12-31-0.24-0.27-0.0312 
2014-04-23
2014-03-310.290.330.0413 
2013-04-23
2013-03-310.060.10.0466 
View All Earnings Estimates

Delta Air Thematic Classifications

In addition to having Delta Air stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Airlines Idea
Airlines
Major domestic and international airlines
Transportation Idea
Transportation
USA Equities from Transportation industry as classified by Fama & French
Corona Opportunity Idea
Corona Opportunity
Coronavirus related entities to consider during and after the outbreak
Impulse Idea
Impulse
Macroaxis evolving impulse stocks

Delta Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Delta Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Delta Air Lines backward and forwards among themselves. Delta Air's institutional investor refers to the entity that pools money to purchase Delta Air's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Fmr Inc2023-12-31
7.4 M
Citadel Advisors Llc2023-09-30
6.9 M
Gmt Capital Corp2023-12-31
6.8 M
Royal London Asset Management Ltd2023-12-31
6.5 M
Gallagher Fiduciary Advisors, Llc2023-12-31
5.5 M
Northern Trust Corp2023-12-31
4.9 M
Par Capital Management Inc2023-12-31
4.5 M
Us Global Investors Inc2023-12-31
4.4 M
Amvescap Plc.2023-12-31
4.3 M
Vanguard Group Inc2023-12-31
72 M
Blackrock Inc2023-12-31
40 M
Note, although Delta Air's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Delta Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 30.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Delta Air's market, we take the total number of its shares issued and multiply it by Delta Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Delta Profitablity

Delta Air's profitability indicators refer to fundamental financial ratios that showcase Delta Air's ability to generate income relative to its revenue or operating costs. If, let's say, Delta Air is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Delta Air's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Delta Air's profitability requires more research than a typical breakdown of Delta Air's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.15 %, which entails that for every 100 dollars of revenue, it generated $0.15 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.12  0.07 
Return On Assets 0.06  0.07 
Return On Equity 0.42  0.44 

Management Efficiency

Delta Air Lines has Return on Asset of 0.0522 % which means that on every $100 spent on assets, it made $0.0522 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.5212 %, implying that it generated $0.5212 on every 100 dollars invested. Delta Air's management efficiency ratios could be used to measure how well Delta Air manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Delta Air's Return On Assets are quite stable compared to the past year. Return On Equity is expected to rise to 0.44 this year, although the value of Return On Capital Employed will most likely fall to 0.07. At this time, Delta Air's Return On Assets are quite stable compared to the past year. Asset Turnover is expected to rise to 0.90 this year, although the value of Total Current Assets will most likely fall to about 6.3 B.
Last ReportedProjected for 2024
Price Book Value Ratio 2.31  2.48 
Enterprise Value Multiple 6.63  6.96 
Price Fair Value 2.31  2.48 
The analysis of Delta Air's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Delta Air's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Delta Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0085
Forward Dividend Yield
0.0085
Forward Dividend Rate
0.4
Beta
1.431

Technical Drivers

As of the 29th of March, Delta Air shows the Mean Deviation of 1.37, downside deviation of 2.49, and Coefficient Of Variation of 795.5. Delta Air Lines technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Delta Air Lines, which can be compared to its rivals. Please confirm Delta Air Lines treynor ratio, and the relationship between the variance and potential upside to decide if Delta Air Lines is priced favorably, providing market reflects its regular price of 47.87 per share. Given that Delta Air has jensen alpha of 0.0364, we urge you to verify Delta Air Lines's prevailing market performance to make sure the company can sustain itself at a future point.

Delta Air Lines Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Delta Air middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Delta Air Lines. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Delta Air Lines Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Delta Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Delta Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Delta Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
David Taylor over three months ago
Purchase by David Taylor of 10000 shares of Delta Air
 
David Taylor over three months ago
Purchase by David Taylor of 10000 shares of Delta Air

Delta Air Outstanding Bonds

Delta Air issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Delta Air Lines uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Delta bonds can be classified according to their maturity, which is the date when Delta Air Lines has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Delta Air Predictive Daily Indicators

Delta Air intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Delta Air stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Delta Air Corporate Filings

8K
12th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
29th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
14th of February 2024
Other Reports
ViewVerify
10K
12th of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
F4
9th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
7th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
2nd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
26th of January 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Delta Air Forecast Models

Delta Air's time-series forecasting models are one of many Delta Air's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Delta Air's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Delta Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Delta Air prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Delta shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Delta Air. By using and applying Delta Stock analysis, traders can create a robust methodology for identifying Delta entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.1  0.10 
Operating Profit Margin 0.1  0.1 
Net Profit Margin 0.08  0.08 
Gross Profit Margin 0.20  0.39 

Current Delta Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Delta analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Delta analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
53.94Strong Buy21Odds
Delta Air Lines current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Delta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Delta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Delta Air Lines, talking to its executives and customers, or listening to Delta conference calls.
Delta Analyst Advice Details

Delta Stock Analysis Indicators

Delta Air Lines stock analysis indicators help investors evaluate how Delta Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Delta Air shares will generate the highest return on investment. By understating and applying Delta Air stock analysis, traders can identify Delta Air position entry and exit signals to maximize returns.
Begin Period Cash Flow3.5 B
Long Term Debt17.1 B
Common Stock Shares Outstanding643 M
Total Stockholder Equity11.1 B
Tax Provision1.1 B
Quarterly Earnings Growth Y O Y1.436
Property Plant And Equipment Net42.5 B
Cash And Short Term Investments3.9 B
Cash2.7 B
Accounts Payable4.4 B
Net Debt24.5 B
50 Day M A41.4238
Total Current Liabilities26.4 B
Other Operating Expenses52.8 B
Non Current Assets Total63.4 B
Forward Price Earnings7.0522
Non Currrent Assets Other784 M
Stock Based Compensation-1.4 B
When determining whether Delta Air Lines is a strong investment it is important to analyze Delta Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delta Air's future performance. For an informed investment choice regarding Delta Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Delta Air Lines information on this page should be used as a complementary analysis to other Delta Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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Is Delta Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Air. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.436
Dividend Share
0.3
Earnings Share
7.17
Revenue Per Share
90.842
Quarterly Revenue Growth
0.059
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.