DAL stock: buy or sell?
Updated on:
April 2nd, 2020
2
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 setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
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%).
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 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.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 1.67 | n/a |
| 2017-Q3 | 2017-10-11 | 1.53 | 1.57 | 2.6% |
| 2017-Q4 | 2018-01-11 | 0.88 | 0.96 | 9.1% |
| 2018-Q1 | 2018-04-12 | 0.73 | 0.74 | 1.4% |
| 2018-Q2 | 2018-07-12 | 1.72 | 1.77 | 2.9% |
| 2018-Q3 | 2018-10-11 | 1.74 | 1.8 | 3.4% |
| 2018-Q4 | 2019-01-15 | 1.27 | 1.3 | 2.4% |
| 2019-Q1 | 2019-04-10 | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/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%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $37,640 M | - | $10,540 M28.0% | - |
| 2014 | $40,362 M | 7.23% | $659 M1.6% | -93.75% |
| 2015 | $40,704 M | 0.85% | $4,526 M11.1% | 586.80% |
| 2016 | $39,639 M | -2.62% | $4,373 M11.0% | -3.38% |
| 2017 | $41,138 M | 3.78% | $3,205 M7.8% | -26.71% |
| 2018 | $44,438 M | 8.02% | $3,935 M8.9% | 22.78% |
| TTM | $44,942 M | 1.13% | $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.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $10,790 M | - | $1,220 M11.3% | - |
| 2017-Q3 | $11,060 M | 2.50% | $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 M | 18.13% | $1,025 M8.7% | 87.39% |
| 2018-Q3 | $11,953 M | 1.51% | $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 shares | 646.7 M |
| Float shares | 635.0 M |
| - Institutional holdings (%) | 0.0% |
| - Insider holdings (%) | 50.0% |
| Shares in short selling | 0.0% |
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 pattern | lt03a |
| 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 .| Stock | 3m | 6m | 12m |
|---|---|---|---|
| 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
- Seeking AlphaDelta Air Lines: Strong Performance Set To ContinueJuly 18, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: Delta Air Lines, Salesforce.com and American AirlinesJuly 17, 2019
- InvestorPlaceThursday’s Vital Data: Delta Air Lines, Micron and DisneyJuly 11, 2019
- Seeking AlphaDelta Air Lines: Short-Term Headwinds, But The Stock Will Still ClimbJune 24, 2019
- Seeking AlphaDelta Air Lines: Ready To Take OffJune 13, 2019