Delta Air Lines, Inc. (DAL): Valuation Appears To Be A Smart Buy

Wall Street analysts will be watching closely when Delta Air Lines, Inc. (NYSE:DAL) reports its quarterly earnings next, which is scheduled for Thu 11 Apr (In 78 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $2.02 per share. In the preceding quarter, the company reportedly generated EPS of $1.83 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 12.40%, a profit margin of 6.80% and a gross margin of 52.40%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Delta Air Lines, Inc. (NYSE:DAL). Most recently, on January 14th, 2019, BofA/Merrill Downgrade a Neutral rating. Before that, on January 9th, 2019, Imperial Capital Downgrade to In-line. Imperial Capital Reiterated a Outperform rating on December 14th, 2018, Cowen Reiterated an Outperform rating on December 14th, 2018, and Imperial Capital Reiterated a Outperform rating on December 4th, 2018.

At its current price point, combined with the fact that this company has 687.19M shares outstanding, the current market capitalization sits at 32.50B. In the last trading day, 8,098,144 shares of Delta Air Lines, Inc. were traded, which compares to its usual volume of about 7.72M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.53 in the past five trading days, resulting in a percentage change of -0.42% and a moving average of 47.65. In the past 20 days, its price changed by -$2.15 (which is -4.35%) and the stock’s moving average was 48.37. Looking back a full 50 days, shares of DAL changed by -$9.49 (which is -16.71%) and demonstrated a moving average of 52.90.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 48.51%, a 14-day Stochastic %K score of 48.93% and a 20-day Stochastic %K score of 37.62%. Using a similar metric, Delta Air Lines, Inc. (DAL) shares showed a Stochastic %D of 57.28% over the past 9 days, a Stochastic %D score of 50.66% over the last 14 days, and a 20-day Stochastic %D of 39.68%. Meanwhile, this stock’s MACD Oscillator was -0.40 over the past 9 days, -0.23 over the past two weeks, and -0.86 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $47.30 level. Over the past 12 months, this stock has experienced a high price of $61.32 and a low of $45.08. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Berkshire Hathaway Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Delta Air Lines, Inc. (NYSE:DAL) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 65,535,000 shares of the company’s stock following the addition of 1,869,160 to this investor’s holdings during the three-month period. This share count represents that Berkshire Hathaway Inc now held 9.56% stake in Delta Air Lines, Inc. (DAL)’s shares.

Just in the most recent trading day, Delta Air Lines, Inc. (NYSE:DAL) experienced a high price of $47.8 and low point of $46.94. At the end of the last trading session, this stock was at 47.3 per share, following a gain of $0.19, or 0.42% during the full day.