Delta Air Lines Stock Performance
| DAL Stock | USD 47.91 1.32 2.68% |
On a scale of 0 to 100, Delta Air holds a performance score of 17. The firm shows a Beta (market volatility) of 1.48, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Delta Air will likely underperform. Please check Delta Air's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Delta Air's price patterns will revert.
Risk-Adjusted Performance
17 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Delta Air Lines are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Delta Air disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.62) | Five Day Return 0.29 | Year To Date Return 18.52 | Ten Year Return 30.52 | All Time Return 131.37 |
Forward Dividend Yield 0.0081 | Payout Ratio 0.0448 | Forward Dividend Rate 0.4 | Dividend Date 2024-03-18 | Ex Dividend Date 2024-02-23 |
| Delta Air dividend paid on 18th of March 2024 | 03/18/2024 |
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| Begin Period Cash Flow | 3.5 B |
Delta |
Delta Air Relative Risk vs. Return Landscape
If you would invest 4,008 in Delta Air Lines on January 25, 2024 and sell it today you would earn a total of 915.00 from holding Delta Air Lines or generate 22.83% return on investment over 90 days. Delta Air Lines is generating 0.3376% of daily returns assuming volatility of 1.4794% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than Delta, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Delta Air Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delta Air's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Delta Air Lines, and traders can use it to determine the average amount a Delta Air's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2282
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Delta Air is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Delta Air by adding it to a well-diversified portfolio.
Delta Air Fundamentals Growth
Delta Stock prices reflect investors' perceptions of the future prospects and financial health of Delta Air, and Delta Air fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Delta Stock performance.
| Return On Equity | 0.58 | ||||
| Return On Asset | 0.0517 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 54.51 B | ||||
| Shares Outstanding | 645.31 M | ||||
| Price To Earning | 34.29 X | ||||
| Price To Book | 2.71 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 58.05 B | ||||
| Gross Profit | 9.68 B | ||||
| EBITDA | 7.58 B | ||||
| Net Income | 4.61 B | ||||
| Cash And Equivalents | 3.27 B | ||||
| Cash Per Share | 13.11 X | ||||
| Total Debt | 27.28 B | ||||
| Debt To Equity | 6.96 % | ||||
| Current Ratio | 0.57 X | ||||
| Book Value Per Share | 17.39 X | ||||
| Cash Flow From Operations | 6.46 B | ||||
| Earnings Per Share | 7.80 X | ||||
| Market Capitalization | 31.77 B | ||||
| Total Asset | 73.64 B | ||||
| Retained Earnings | 5.65 B | ||||
| Working Capital | (16.15 B) | ||||
| Current Asset | 9.06 B | ||||
| Current Liabilities | 17.53 B | ||||
About Delta Air Performance
To evaluate Delta Air Lines Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Delta Air generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Delta Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Delta Air Lines market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Delta's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 10.30 | 9.78 | |
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.12 | 0.07 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.42 | 0.44 |
Things to note about Delta Air Lines performance evaluation
Checking the ongoing alerts about Delta Air for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Delta Air Lines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. | |
| 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 gurufocus.com: Acquisition by Steven Sear of 19923 shares of Delta Air subject to Rule 16b-3 |
- Analyzing Delta Air's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Delta Air's stock is overvalued or undervalued compared to its peers.
- Examining Delta Air's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Delta Air's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Delta Air's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Delta Air's stock. These opinions can provide insight into Delta Air's potential for growth and whether the stock is currently undervalued or overvalued.
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Delta Stock analysis
When running Delta Air's price analysis, check to measure Delta Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Air is operating at the current time. Most of Delta Air's value examination focuses on studying past and present price action to predict the probability of Delta Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Air's price. Additionally, you may evaluate how the addition of Delta Air to your portfolios can decrease your overall portfolio volatility.
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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 7.8 | Revenue Per Share 92.354 | Quarterly Revenue Growth 0.078 |
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.