The leading market experts have placed a mean price target of $53.42 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 $1.28 a share for the upcoming quarter and $5.84 for the current fiscal.
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 $37.98, and stock is trading $-1.31 points away or -3.46% from its 50-day moving average of $37.98. Further it is trading $-6.03 or -14.11% away its 200-day moving average of $42.70. 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 $-16.10, it will post a 52-week high. In event of +12.48% 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 5.97.
The stock last ended the trading session at $36.67 and registered a market cap of $27.80B. 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 0.54.
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