Digging Up the Facts on Delta Air Lines, Inc. (DAL)

Delta Air Lines, Inc. (DAL) is an interesting player in the Services space, with a focus on Major Airlines. The stock has been active on the tape, currently trading at $54.09, up from yesterday’s close by 1.18%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Delta Air Lines, Inc. (DAL) currently trades with a market capitalization of $38.00 Billion. That value represents a market adjusting for revenues that have been growing by 9.53 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $2.94 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.85 on a per share basis this quarter. Perhaps, that suggests something about why 0.69% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Delta Air Lines, Inc. recorded a 52-week high of $60.79. It is now trading 6.7% off that level. The stock is trading $53.48 its 50-day moving average by -0.61000000000001%. The stock carved out a 52-week low down at $44.59.

In recent action, Delta Air Lines, Inc. (DAL) has made a move of +3.90% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.04, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.07% with $699.30 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of DAL.

Previous articleTaking a Look at the Data Behind Gilead Sciences, Inc. (GILD)
Next articleNewell Brands (NWL): What’s the Story?