DAL stock: buy or sell?
Updated on:
February 21st, 2020
4
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.
Should I buy DAL stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.None of our preferred buy setups matches with Delta Air Lines stock situation right now, therefore this is not a suitable entry point.
| 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?
Banks and financial institutions publish stock ratings everyday.
Unfortunately, we couldn't detect any rating for DAL stock for the last 30 days.DAL stock analysis
Daily outlook
Delta Air Lines shares slightly fell -0.87% to $57.87 on February/21.
Delta Air Lines slightly fell a bad -0.87% and closed at $57.87. Since last Feb 4th when DAL stock price broke up the SMA200d line, it gained $2.21 (3.97%).
Weekly outlook
Shares of Delta Air Lines closed this week at $57.87 and decreased a disappointing -1.08%. Late January DAL collapsed a hair-raising -5.51% in just one week.
Observing the weekly chart, DAL marked an uptrend of rising tops and rising bottoms. Since its last top by mid January at $62.05, price slid and bounced up back from $55.05. Breaking down under $55.05 would cancel the current uptrend and it might test lower supports. Note that $62.05 might act as a resistance line. Since this week when SMA20w and SMA40w crossed up, DAL price slipped $-0.63 per share (-1.08%). Since early February when DAL stock price broke up the SMA40w line, it gained $2.51 (4.53%). Far behind is the all-time high Delta Air Lines hit late July 2019 but price is just -7.47% below that top.
DAL stock price history
DAL IPO was on May 3rd, 2007 at $19.32 per share1. Since then, DAL stock surged a 199.50%, with an average of 16.60% per year. If you had invested right after DAL's IPO a $1,000 in DAL stock in 2007, it would worth $1,995.00 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
Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for Delta Air Lines stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
After publishing its last earnings report on April, Delta Air Lines . 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 turnover jumped a shining 8.02% to $44,438.00 M dollars from $41,138.00 marked in 2017. Nonetheless, its profit margin (compared to sales) raised to 8.86%, that is $3,935.00 million. To have an up to date view of the financial situation of Delta Air Lines, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Delta Air Lines TTM sales up to March 2019 were $44,942.00 and income was $4,118.00 M USD. When comparing this TTM figures with the last reported annuality, we can review Delta Air Lines business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, appreciated a slightly fine 1.13%. Regarding profit margin, Delta Air Lines remained stable 0.31% to 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 posted $10,472.00 M in revenues for 2019-Q1, a -2.51% decline compared to previous quarter. Reported quarter earnings marked $730.00 million with a profit margin of 6.97%. Profit margin declined 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 beatiful 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 a company, it's always worth to overview its ownership structure.Delta Air Lines shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 50.04% of all shares.
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 | $37.4 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
| Friday, February 21st, 2020 | |
|---|---|
| Open | $57.96 |
| Close | $57.87 |
| Day range | $56.87 - $58.02 |
| Previous close | $58.38 |
| Session gain | -0.87% |
| Average true range | $1.23 |
| 50d mov avg | $58.17 |
| 100d mov avg | $56.58 |
| 200d mov avg | $56.64 |
| Daily pattern | |
| Weekly pattern | lb03a |
Delta Air Lines performance
To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Delta Air Lines performance to :| Stock | 3m | 6m | 12m |
|---|---|---|---|
| DALDelta Air Lines | 3.86% | 4.46% | 16.18% |
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