Is DAL a good stock to buy right now?
Delta Air Lines has 24.60% upside potential, based on the analysts' average price target. Is DAL a Buy, Sell or Hold? Delta Air Lines has a conensus rating of Strong Buy which is based on 16 buy ratings, 0 hold ratings and 0 sell ratings.
Delta Air Lines (DAL -0.45%) recently released earnings and the results were excellent, checking off nearly all the items many investors look for from a company in the transportation sector. As such, the stock remains a great investment option for those seeking a long-term growth stock.
| High | $85.00 |
|---|---|
| Median | $57.00 |
| Low | $50.00 |
| Average | $58.41 |
| Current Price | $46.86 |
Delta Air Lines stock forecast for 2025: $ 49.71 (6.59%) Delta Air Lines stock prediction for 2030: $ 68.41 (46.67%)
According to the latest long-term forecast, Delta Air Lines price will hit $55 by the middle of 2024 and then $80 by the end of 2025. Delta Air Lines will rise to $85 within the year of 2026, $95 in 2027, $110 in 2028, $125 in 2029 and $150 in 2033.
Based on short-term price targets offered by 17 analysts, the average price target for Delta Air Lines comes to $56.35. The forecasts range from a low of $47.00 to a high of $85.00. The average price target represents an increase of 18.31% from the last closing price of $47.63.
Despite these challenges, Delta made a remarkable recovery by reducing its debt aggressively and enhancing its balance sheet. By 2023, the airline had successfully lowered its debt-to-equity ratio to just 2.48, with a comfortably high interest coverage ratio of 8, demonstrating its resilience and financial prudence.
Is Delta Air Lines stock a Buy, Sell or Hold? Delta Air Lines stock has received a consensus rating of buy. The average rating score is and is based on 46 buy ratings, 10 hold ratings, and 0 sell ratings.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., Primecap Management Co/ca/, State Street Corp, Capital International Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, AGTHX - GROWTH FUND OF AMERICA Class A, Capital World ...
DAL pays a dividend of $0.1 per share. DAL's annual dividend yield is 0.65%. When is Delta Air Lines ex-dividend date? Delta Air Lines's previous ex-dividend date was on Feb 23, 2024.
How many shares of Dal are there?
Delta Air Lines Shares Outstanding: 643.32M for Jan. 31, 2024
View and export this data back to 1984.
According to Delta Air Lines's latest financial reports and stock price the company's current number of shares outstanding is 639,000,000.
| High | $85.00 |
|---|---|
| Median | $56.00 |
| Low | $49.00 |
| Average | $57.72 |
| Current Price | $46.24 |
| Year | Mid-Year | Year-End |
|---|---|---|
| 2024 | $178 | $180 |
| 2025 | $199 | $206 |
| 2026 | $233 | $262 |
| 2027 | $296 | $302 |
| Date | Open | High |
|---|---|---|
| Apr 12, 2024 | 40.07 | 40.40 |
| Apr 11, 2024 | 39.75 | 40.00 |
| Apr 10, 2024 | 39.14 | 39.46 |
| Apr 09, 2024 | 39.49 | 39.55 |
According to our current FSLY stock forecast, the value of Fastly shares will drop by -0.07% and reach $ 12.62 per share by April 22, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).
Delta Air Lines Debt to Equity Ratio: 1.806 for Dec. 31, 2023
View and export this data back to 1984.
About. Incorporated in 1967, Delta Air Lines is a major American airline group headquartered in Atlanta, Georgia. The group, previously known as Delaware Air Lines Inc, wholly owns a number of US regional airlines including Delta Private Jets and Endeavor Air.
| S.No. | Name | NP Qtr Rs.Cr. |
|---|---|---|
| 1. | Ksolves India | 8.84 |
| 2. | Remedium Life | 45.82 |
| 3. | Jyoti Resins | 16.44 |
| 4. | Knowledge Marine | 24.42 |
The average price target represents 19.91% Increase from the current price of $46.285. Delta Air Lines's analyst rating consensus is a Strong Buy.
Why is Delta struggling?
While Delta's operations are not impacted by Boeing's safety crisis, the airline said industrywide supply-chain constraints have forced it to keep flying older, less fuel-efficient jets and spend more on repairs. The company did not retire any aircraft in the last two years.
The most profitable passenger airline in North America in 2022 was Delta Air Lines, with operating revenue of almost 50.6 billion U.S. dollars, followed closely by American Airlines, with nearly 49 billion U.S. dollars in revenue.
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Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 97 buy ratings, 3 hold ratings, and 0 sell ratings.
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