Delta Air Lines, Inc. (DAL) – Long Run Forecast Pointing to Profits

Samant Rahul D, EVP & Chief Info Officer, subtracted 16,559 shares of Delta Air Lines, Inc. (DAL) from its portfolio at the rate of $61.87 per share valuing $1,024,472 on Jul 23. The insider left behind 51,039 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Delta Air Lines, Inc. (DAL) was $56.20. Currently, the 1st Resistance Point for this stock is $57.56, with a 2nd Resistance Point sitting at $58.93. Meanwhile, this company’s stock has a 1st Support Level at $55.34 and a 2nd Support Level at $54.48. Delta Air Lines, Inc. (DAL) stock has lost -$1.84, or -3.17%, in the past five days. In the last full month, these shares have lost -$6.89, or -10.92%. In the past three months, this stock’s price has risen by $2.20, or 4.07%. This year-to-date, Delta Air Lines, Inc. (DAL) shares have gained $6.30, or 12.63%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Delta Air Lines, Inc. (DAL) stock, Hold % of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 50% of long-term indicators suggest that this stock is a “ Buy .”

With 650,201 K shares outstanding, this company currently has a market capitalization of $36,541,296K. Delta Air Lines, Inc. (DAL) generates $44,438 M in annual sales, amounting to annual net income of $3,935 M. This stock has generated a 1-Year Total Return of -1.30%, a 3-Year Total Return of 55.72%, and a 5-year Total Return of 41.99%. This stock’s 5-Year Dividend Growth is 991.67%, with its most recent dividend valued at $0.403 per share on 07/24/19. Its Annual Dividend Yield is 2.86%, and its Annual Dividend Rate is 1.61.

In the most recently-reported fiscal quarter, which ended in Jun-19, Delta Air Lines, Inc. (DAL) reported earnings of $2.35 per share. Wall Street analysts, on average, were expecting the company to report earnings of $2.28 per share, representing a 0.07 difference and 2.87% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.96 represented a 0.06 difference from the consensus estimate calling for $0.90 per share, which was a 6.34% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $2.26 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $2.37 and the low estimate was $2.12. In the year-ago quarter, Delta Air Lines, Inc. (DAL) generated per-share earnings of $1.80. If the analysts are correct about the current quarter’s earnings, the growth will be +25.56%.

Turning our focus now to insider trading activity, there have been 11 purchases (36,580 shares in total) and 6 sale (93,334 shares in total) in the last 3 months. In the last 6 months, there have been 16 insider buys amounting to 5,412,036 shares and 12 insider sales amounting to 190,809 shares. In the past full year, 43 insider purchases were made (involving 6,330,156 shares) and 57 insider sell-offs equivalent to 690,264 shares.

Moving onto liquidity, Delta Air Lines, Inc. (DAL) has a Current Ratio of 0.34, a Quick Ratio of 0.28 and a Cash Ratio of 0.10. Looking at this company’s capital structure, its Total Debt to Total Equity is 120.75, its Total Debt to Total Capital is 35.50, and its Total Debt to Total Assets is now 27.42. Looking even further ahead into the future, its Long-Term Debt to Equity is 102.68 and its Long-Term Debt to Total Capital is 46.51.