Stock To Watch: Delta Air Lines, Inc. (NYSE:DAL)


The leading market experts have placed a mean price target of $55.62 on Delta Air Lines, Inc. (NYSE:DAL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.83 a share for the upcoming quarter and $5.94 for the current fiscal. Technical View The technical analysis of Delta Air Lines, Inc. Common St plainly substantiates that the 50-day moving average of Delta Air Lines, Inc. Common St is $39.57, and stock is hovering -2.20 or -5.57% distant from $39.57. It is noted that the 200-day MA is $44.63, and Delta Air Lines, Inc. Common St stock is $-7.26 or -16.26% off from this point. Delta Air Lines, Inc. (NYSE:DAL) 52-week high is $52.77 and the 52-week low is $32.60. This explains if the stock moves $-15.40, it will post a 52-week high. In event of $+14.63% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Delta Air Lines, Inc. Common St, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Delta Air Lines, Inc. (NYSE:DAL) ratio came in at 6.26. The stock last ended the trading session at $37.37 and registered a market cap of $28.92B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Delta Air Lines, Inc. (NYSE:DAL) PEG ratio is at 0.41.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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