Delta Air Lines, Inc.s in-depth stock price analysis indicates that the stock price has rallied 0.74% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 36.49% . Looking at the past 52 week period, the stock price is up at 14.59% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Delta Air Lines, Inc. has a positive value of 1.05 compared to overall market. Stocks of Delta Air Lines, Inc. (NYSE:DAL) rallied by 3.03% during the past week but lost 3.85% on a 4-week basis. The company has outperformed the S&P 500 by 2.2% in the past week but underperformed the index by 5.57% in the last 4 weeks.
Delta Air Lines, Inc. (NYSE:DAL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.14% at $49.26 with 5,322,586 shares getting traded. Post opening the session at $49.55, the shares hit an intraday low of $49.02 and an intraday high of $49.5674 and the price was in this range throughout the day. The company has a market cap of $36,274 million and the number of outstanding shares has been calculated to be 736,384,650 shares. The 52-week high of Delta Air Lines, Inc. (NYSE:DAL) is $52.76 and the 52-week low is $32.6.
Delta Air Lines Last issued its quarterly earnings results on Jan 12, 2017. The company reported $0.82 EPS for the quarter. Analyst had a consensus estimate of $0.82. The company had revenue of $9458.00 million for the quarter, compared to analysts expectations of $9372.35 million. The companys revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.18 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Delta Air Lines was Upgraded by Bernstein to Outperform on Feb 6, 2017. Company shares were Reiterated by Cowen on Jan 13, 2017 to Outperform, Raises Price Target to $ 60 from a previous price target of $57 .Company shares were Reiterated by Cowen on Dec 9, 2016 to Outperform, Raises Price Target to $ 56 from a previous price target of $52 .Company shares were Reiterated by Imperial Capital on Nov 22, 2016 to In-line, Raises Price Target to $ 52 from a previous price target of $44 .Delta Air Lines was Initiated by Citigroup to Buy on Nov 18, 2016.
Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Paul A Jacobson (EVP & CFO) sold 20,000 shares at 47.32 per share price.On Jan 24, 2017, Douglas R Ralph (director) purchased 1,000 shares at 49.04 per share price.On Dec 21, 2016, Edward H Bastian (Chief Executive Officer) sold 103,000 shares at 50.77 per share price.
Delta is Americas fastest growing international carrier. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic.