Delta Air Lines, Inc. (NYSE:DAL): Buy, Sell Or Hold At $51.53?

In recent trading session, Delta Air Lines, Inc. (NYSE:DAL) saw 1.4 million shares changing hands at last check today with its beta currently measuring 1.38. Company’s recent per share price level of $51.53 trading at $0.33 or 0.65% at last check today assigns it a market valuation of $33.26B. That most recent trading price of DAL’s stock is at a discount of -4.52% from its 52-week high price of $53.86 and is indicating a premium of 40.62% from its 52-week low price of $30.60. Taking a look at company’s average trading volume volume of 9.47 million if we extend that period to 3-months.

Delta Air Lines, Inc. (NYSE:DAL) trade information

Upright in the green today for gaining 0.65%, in the last five days DAL remained trading in the red while hitting it’s week-highest on Monday, 05/20/24 when the stock touched $51.53 price level, adding 3.21% to its value on the day. Delta Air Lines, Inc.’s shares saw a change of 28.10% in year-to-date performance and have moved -2.21% in past 5-day. Delta Air Lines, Inc. (NYSE:DAL) showed a performance of 3.32% in past 30-days.

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Delta Air Lines, Inc. (DAL) estimates and forecasts

Statistics highlight that Delta Air Lines, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 43.35% of value to its shares in past 6 months, showing an annual growth rate of 6.56% while that of industry is -10.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 6.20% from the last financial year’s standing.

11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 15.5B for the same. And 11 analysts are in estimates of company making revenue of 15.42B in the next quarter. Company posted 14.61B and 14.55B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.80% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 6.34% while estimates for its earnings growth in next 5 years are of 9.62%.

DAL Dividends

Delta Air Lines, Inc. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.