Delta Air Lines Stock Today

DAL Stock  USD 63.41  0.41  0.64%   

Performance

23 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 23

 
High
 
Low
Low
Delta Air is selling for 63.41 as of the 3rd of December 2024. This is a 0.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 63.16. Delta Air has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Delta Air Lines's common stock.
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 645.28 M outstanding shares of which 35.19 M shares are currently shorted by investors with about 4.08 days to cover. More on Delta Air Lines

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Delta Stock Highlights

ESG Sustainability
Environmental
Governance
Social
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
Financial Strength
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 Total20.9 B36.1 B
Way Down
Slightly volatile
Total Assets77.3 B73.6 B
Sufficiently Up
Slightly volatile
Total Current Assets6.2 B10.3 B
Way Down
Slightly volatile
Debt Levels
Delta Air can leverage 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.
Liquidity
Delta Air Lines 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. Note however, debt could still be an excellent tool for Delta to invest in growth at high rates of return.

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 100,000 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 40.92 B. Delta Air Lines runs under Passenger Airlines sector within Industrials industry. The entity has 645.28 M outstanding shares of which 35.19 M shares are currently shorted by investors with about 4.08 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 645.28 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 on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Delta Air Lines's common stock.
Check Delta Ownership Details

Delta Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
11 M
Newport Trust Co.2024-09-30
10.4 M
Fmr Inc2024-09-30
7.7 M
Gmt Capital Corp2024-09-30
6.6 M
Slate Path Capital Lp2024-09-30
6.5 M
Amvescap Plc.2024-09-30
5.9 M
Pzena Investment Management, Llc2024-09-30
5.5 M
Jpmorgan Chase & Co2024-09-30
5.3 M
Royal London Asset Management Ltd2024-09-30
4.8 M
Vanguard Group Inc2024-09-30
72 M
Blackrock Inc2024-06-30
42.3 M
View Delta Air Diagnostics

Delta Air Historical Income Statement

At this time, Delta Air's EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 9.2 B this year, although the value of Gross Profit will most likely fall to about 10.7 B. View More Fundamentals

Delta Stock Against Markets

Delta Air Corporate Directors

Sergio RialIndependent DirectorProfile
CHRISTOPHER HAZLETONIndependent DirectorProfile
David DeWaltIndependent DirectorProfile
Jeanne JacksonIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Passenger Airlines space 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
0.145
Dividend Share
0.5
Earnings Share
7.21
Revenue Per Share
94.267
Quarterly Revenue Growth
0.012
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.