DAL stock: buy or sell?

DAL stock price: $22.68 -4.99% At close on April 2nd, 2020

Updated on:
April 2nd, 2020

2

Delta Air Lines ended today at $22.68 and plunged a chilling -4.99%. On March 25th DAL boosted an amazing 13.54%. With Thursday it's been 5 sliding days in a row, loosing $-9.02 (-29.00%).

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.

Should I buy DAL stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Delta Air Lines stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean DAL will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Delta Air Lines stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for DAL stock for the last month.

DAL stock analysis

Daily outlook

Shares of Delta Air Lines plunged a chilling -4.99% and closed at $22.68.

Delta Air Lines closed today at $22.68 and plunged a chilling -4.99%. Since price and SMA200d lines crossed down on Feb/24, DAL fell $-35.19 per share (-60.81%).

DAL stock chart (daily)

Weekly outlook

After boosting an outstanding 27.75% in a week last week, Delta Air Lines closed this week at $22.68 and plunged a dreadful -23.25%.

Since price and 40-weeks moving average lines crossed down late February, DAL fell $-35.19 per share (-60.81%). Stocks below the 40-weeks moving average line are usually not recommended for average traders. Far behind is the all-time high Delta Air Lines hit late July 2019 and since then the price is -63.74% below that top.

DAL stock chart (weekly)

DAL stock price history

DAL stock went public on May 3rd, 2007 with a price of $19.321. Since then, DAL stock surged a 17.40%, with an average of 1.50% per year. If you had invested $1,000 in DAL stock in 2007, it would worth $174.00 today.

1: Adjusted price after possible price splits or reverse-splits.

DAL stock historical price chart

DAL stock reached all-time highs on July with a price of $62.54.

DAL stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' DAL stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Delta Air Lines stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Delta Air Lines posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
DAL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.67n/a
2017-Q32017-10-111.531.572.6%
2017-Q42018-01-110.880.969.1%
2018-Q12018-04-120.730.741.4%
2018-Q22018-07-121.721.772.9%
2018-Q32018-10-111.741.83.4%
2018-Q42019-01-151.271.32.4%
2019-Q12019-04-10n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Delta Air Lines annual sales rose a remarkable 8.02% to $44,438.00 million dollars from $41,138.00 marked in 2017. Nevertheless, its earnings margin (compared to sales) grew to 8.86%, that is $3,935.00 million.

Delta Air Lines presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Delta Air Lines TTM sales up to March 2019 were $44,942.00 and earnings $4,118.00 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Delta Air Lines business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, inched a slightly good 1.13%. Similarly, profit margin (net income/sales) stayed steady at 8.86%.

DAL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$37,640 M-$10,540 M28.0%-
2014$40,362 M7.23%$659 M1.6%-93.75%
2015$40,704 M0.85%$4,526 M11.1%586.80%
2016$39,639 M-2.62%$4,373 M11.0%-3.38%
2017$41,138 M3.78%$3,205 M7.8%-26.71%
2018$44,438 M8.02%$3,935 M8.9%22.78%
TTM $44,942 M1.13%$4,118 M9.2%4.65%

Quarterly financial results

Delta Air Lines reported $10,472.00 million in revenues for 2019-Q1, a -2.51% decline compared to previous quarter. Reported quarter income marked $730.00 million with a profit margin of 6.97%. Profit margin decreased a -2.81% compared to previous quarter when profit margin was 9.78%. When comparing revenues to same quarter last year, Delta Air Lines sales marked a decent gain and escalated a 5.06%. Looking back to recent quarterly results, Delta Air Lines posted 2 positive quarters in a row.
DAL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$10,790 M-$1,220 M11.3%-
2017-Q3$11,060 M2.50%$1,180 M10.7%-3.28%
2017-Q4$10,334 M-6.56%$670 M6.5%-43.22%
2018-Q1$9,968 M-3.54%$547 M5.5%-18.36%
2018-Q2$11,775 M18.13%$1,025 M8.7%87.39%
2018-Q3$11,953 M1.51%$1,312 M11.0%28.00%
2018-Q4$10,742 M-10.13%$1,051 M9.8%-19.89%
2019-Q1$10,472 M-2.51%$730 M7.0%-30.54%

Delta Air Lines ownership

When you are planning to invest in shares of a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Delta Air Lines, 50.04% of all outstanding shares are owned by its staff.

In case of Delta Air Lines stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DAL stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Delta Air Lines:

DAL
Market cap$14.7 B
Total shares646.7 M
Float shares635.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)50.0%
Shares in short selling0.0%

DAL summary

Thursday, April 2nd, 2020
Open$23.92
Close$22.68
Day range$22.51 - $24.64
Previous close$23.87
Session gain-4.99%
Average true range$5.16
50d mov avg$45.53
100d mov avg$51.53
200d mov avg$54.19
Daily patternlt03a
Weekly pattern lb06a

Delta Air Lines performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Delta Air Lines, the comparison is made against .
Stock3m6m12m
DALDelta Air Lines-60.67%-57.25%-59.65%

Delta Air Lines competitors

Unfortunately, we could not find any public company that could be defined as Delta Air Lines competitor. This doesn't mean Delta Air Lines does not have any competitor in the market, it's just we could not detected it.

    Latest DAL stock news