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Sunday, April 2, 2023

Is Delta Air Lines Inc. (NYSE: DAL) The Best Stock To Invest In?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Delta Air Lines Inc. (DAL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.03, or 0.08%, to $38.49. The Delta Air Lines Inc. has recorded 70,707 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Delta Air Lines Announces December Quarter and Full Year 2022 Profit.

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Stocks Info

DAL belongs to the Industrials sector of the NYSE while operating in the Airlines industry. At the end of the last regular session, the stock closed at $38.46 and fluctuated between $39.26 as its day high and $38.36 as its day low. The current market capitalization of Delta Air Lines Inc. is $24.39B. A total of 5.23 million shares were traded on the day, compared to an average of 9.78M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, DAL has seen 1 BUY and 26 SELL insider trades, representing the acquisition of 12,880 and the disposition of 103,233 shares. Over the last 12 months, there were 15 BUYs and 37 SELLs from insiders. Insiders purchased 115,430 shares during that period but sold 245,399.

In the most recent transaction, Smith Joanne D sold 4,846 shares of DAL for 38.43 per share on Feb 28. After the transaction, the EVP & Chief People Officer now owns 115,295 company shares. In a previous transaction on Feb 27, HAUENSTEIN GLEN W sold 5,000 shares at 37.87 per share. DAL shares that President owns now total 278,712.

Among the insiders who sold shares, Samant Rahul D disposed of 13,124 shares on Feb 14 at a per-share price of $38.77. This resulted in the EVP & Chief Info Officer holding 57,383 shares of DAL after the transaction. In another insider transaction, Carroll William C sold 5,481 shares at $40.01 per share on Feb 02. Company shares held by the SVP, Fin & Controller now total 8,720.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. DAL’s most recent ex-dividend date was 2/19/2020 when it declared a $0.4025 quarterly dividend that was paid in cash on 3/12/2020. Previously, the company paid the dividend on 11/14/2019 with an ex-dividend date of 10/23/2019. The DAL stock dividend was $0.4030 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for DAL in the last 3 months, the mean price target is $50.76 with high estimates of $81.00 and low estimates of $40.00. In terms of 52-week highs and lows, DAL has a high of $46.27 and a low of $27.20.

As of this writing, DAL has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.4 per share and a lower estimate of $0.2. The company reported an EPS of $1.51 in the last quarter, which was -1.30% lower than expectations of $1.53.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 21 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 Sell with a score of 4.88. A total of 17 analysts rated the stock as Buy while 3 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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