Delta Air Lines (NYSE:DAL - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.700-1.000 for the period, compared to the consensus estimate of 0.770. The company issued revenue guidance of $14.7 billion-$15.0 billion, compared to the consensus revenue estimate of $13.2 billion. Delta Air Lines also updated its FY 2025 guidance to 7.350- EPS.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on DAL shares. TD Cowen boosted their target price on shares of Delta Air Lines from $59.00 to $75.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. UBS Group reissued a "buy" rating and issued a $88.00 price objective on shares of Delta Air Lines in a research report on Tuesday, November 26th. Citigroup raised their target price on shares of Delta Air Lines from $65.00 to $76.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Susquehanna boosted their price target on Delta Air Lines from $59.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Delta Air Lines from $60.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $77.06.
Check Out Our Latest Research Report on DAL
Delta Air Lines Stock Up 9.1 %
Shares of NYSE:DAL traded up $5.57 during midday trading on Friday, hitting $66.99. 27,203,925 shares of the company's stock traded hands, compared to its average volume of 12,139,648. Delta Air Lines has a twelve month low of $36.34 and a twelve month high of $68.99. The company has a market cap of $43.23 billion, a PE ratio of 9.30, a P/E/G ratio of 1.21 and a beta of 1.35. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.34 and a current ratio of 0.39. The firm's fifty day moving average price is $62.27 and its two-hundred day moving average price is $51.85.
Delta Air Lines (NYSE:DAL - Get Free Report) last issued its quarterly earnings data on Friday, January 10th. The transportation company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.09. Delta Air Lines had a net margin of 7.71% and a return on equity of 29.93%. The company had revenue of $15.56 billion during the quarter, compared to the consensus estimate of $14.20 billion. During the same quarter last year, the company earned $1.28 earnings per share. Delta Air Lines's revenue for the quarter was up 9.4% on a year-over-year basis. On average, equities research analysts anticipate that Delta Air Lines will post 6.08 EPS for the current fiscal year.
Insider Buying and Selling at Delta Air Lines
In other news, SVP William C. Carroll sold 21,530 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $60.62, for a total transaction of $1,305,148.60. Following the completion of the sale, the senior vice president now owns 19,756 shares of the company's stock, valued at approximately $1,197,608.72. This trade represents a 52.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Alain Bellemare sold 19,490 shares of the company's stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $55.26, for a total transaction of $1,077,017.40. Following the completion of the sale, the executive vice president now owns 121,961 shares in the company, valued at approximately $6,739,564.86. This trade represents a 13.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 136,809 shares of company stock valued at $7,871,765 in the last ninety days. Insiders own 0.96% of the company's stock.
About Delta Air Lines
(
Get Free Report)
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.
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