Delta Air Lines Stock Today

DAL Stock  USD 43.44  0.32  0.74%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 36

 
100  
 
Zero
Below Average
Delta Air is selling for 43.44 as of the 18th of March 2024. This is a 0.74% increase since the beginning of the trading day. The stock's lowest day price was 42.62. Delta Air has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Delta Air Lines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Transportation
IPO Date
3rd of May 2007
Category
Industrials
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. The company has 643.32 M outstanding shares of which 14.76 M shares are currently shorted by investors with about 1.84 days to cover. More on Delta Air Lines

Moving together with Delta Stock

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Moving against Delta Stock

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  0.51ATSG Air Transport Services Financial Report 2nd of May 2024 PairCorr

Delta Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Delta Air's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Delta Air or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Delta Air's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Delta Air's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOEdward Bastian
Thematic Ideas
Showing 3 out of 4 themes
Old Names[Dalmac Energy Inc, Dahlbusch Ag, Dahlbusch Ag, DAHLBUSCH - Frankfurt Stock Exchang]
Business ConcentrationPassenger Airlines, Transportation, Industrials, NYSE Composite, SP 500 Index, ARCA Airline, Dow Jones Transportation, Dow Jones Composite, Airlines, Impulse, Corona Opportunity, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Delta Air report their recommendations after researching Delta Air's financial statements, talking to executives and customers, or listening in on Delta Air's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Delta Air Lines. The Delta consensus assessment is calculated by taking the average forecast from all of the analysts covering Delta Air.
Financial Strength
Based on the analysis of Delta Air's profitability, liquidity, and operating efficiency, Delta Air Lines is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Delta Air Lines is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.90.7882
Fairly Up
Slightly volatile
Net Debt25.8 B24.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities27.7 B26.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total21 B36.1 B
Way Down
Slightly volatile
Total Assets77.3 B73.6 B
Sufficiently Up
Slightly volatile
Total Current Assets6.3 B10.3 B
Way Down
Slightly volatile
Delta Air's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Delta Air's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Delta Air's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Delta Air's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Delta Air's financial leverage. It provides some insight into what part of Delta Air's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Delta Air's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Delta Air deploys its capital and how much of that capital is borrowed.
Liquidity
Delta Air cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Other Cashflows From Financing Activities

764.75 Million
Delta Air Lines (DAL) is traded on New York Stock Exchange in USA. It is located in PO Box 20706, Atlanta, GA, United States, 30320-6001 and employs 103,000 people. Delta Air is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 27.74 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 Air Lines runs under Passenger Airlines sector within Industrials industry. The entity has 643.32 M outstanding shares of which 14.76 M shares are currently shorted by investors with about 1.84 days to cover. Delta Air Lines has about 3.27 B in cash with 6.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.11.
Check Delta Air Probability Of Bankruptcy
Ownership Allocation
Delta Air holds a total of 643.32 Million outstanding shares. The majority of Delta Air Lines outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Delta Air Lines to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Delta Air. Please pay attention to any change in the institutional holdings of Delta Air Lines as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Delta Ownership Details

Delta Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Delta Air jumping above the current price in 90 days from now is under 4%. The Delta Air Lines probability density function shows the probability of Delta Air stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.296 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Delta Air will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Delta Air Lines is significantly underperforming NYSE Composite.
  Odds Below 43.44HorizonTargetOdds Above 43.44
96.08%90 days
 43.44 
3.86%
Based on a normal probability distribution, the odds of Delta Air to move above the current price in 90 days from now is under 4 (This Delta Air Lines probability density function shows the probability of Delta Stock to fall within a particular range of prices over 90 days) .

Delta Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Delta Air that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Delta Air's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Delta Air's value.
InstituionRecorded OnShares
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 Inc
72 M
Blackrock Inc2023-12-31
40 M
View Delta Air Diagnostics

Delta Air Historical Income Statement

Delta Air Lines Income Statement is one of the three primary financial statements used for reporting Delta's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Delta Air Lines revenue and expense. Delta Air Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Delta Air's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 8 B this year, although the value of Gross Profit will most likely fall to about 10.6 B. View More Fundamentals

Delta Stock Against Markets

Picking the right benchmark for Delta Air stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Delta Air stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Delta Air is critical whether you are bullish or bearish towards Delta Air Lines at a given time. Please also check how Delta Air's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Delta Air without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Delta Air Corporate Directors

Delta Air corporate directors refer to members of a Delta Air board of directors. The board of directors generally takes responsibility for the Delta Air's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Delta Air's board members must vote for the resolution. The Delta Air board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Sergio RialIndependent DirectorProfile
Douglas RalphIndependent DirectorProfile
CHRISTOPHER HAZLETONIndependent DirectorProfile
Thomas DonilonDirectorProfile

How to buy Delta Stock?

Before investing in Delta Air, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Delta Air. To buy Delta Air stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Delta Air. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Delta Air stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Delta Air Lines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Delta Air Lines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Delta Air Lines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Delta Stock please use our How to Invest in Delta Air guide.

Already Invested in Delta Air Lines?

The danger of trading Delta Air Lines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Delta Air is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Delta Air. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Delta Air Lines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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
7.17
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.