DAL Stock Forecast 2023, 2024, 2025, 2030 | Cavix
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DAL Stock Forecast 2023, 2024, 2025, 2030

by Cavix   ·  December 14, 2022   ·  

DAL Stock Forecast 2023, 2024, 2025, 2030

by Cavix   ·  December 14, 2022   ·  

First of all, we should learn company information about DAL stock movements. In the United States and abroad, Delta Air Lines, Inc. offers scheduled air service for people and cargo. The business is divided into the airline and refinery businesses. As for its international network, it was centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon.

Its domestic network was focused on core centers 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. The airline offers its tickets for sale through a number of distribution channels, such as delta.com and the Fly Delta app, bookings, tour operators, conventional brick and mortar stores, and other agencies.

Additionally, it offers third-party customers vacation packages, engineering services, repairs, and overhaul services for aircraft, as well as aircraft leases, management, and programs. A fleet of about 1,200 aircraft powers the company’s operations. Atlanta, Georgia is the home base of Delta Air Lines, Inc., which was established in 1924.

Who Owns Delta Air Lines?

66.45% of institutional shareholders, 0.11% insiders, and 33.44% of retail investors own Delta Air Lines (NYSE: DAL). The largest individual shareholder of Delta Air Lines is Vanguard Group Inc, which holds 70.36 million shares, or 10.97% of the firm. Shares of Delta Air Lines owned by Vanguard Group Inc. are presently valued at $2.35 billion.

1,071 investment banks and hedge funds owned shares in Delta Air Lines over the previous two years. Vanguard Group Inc. ($1.97B), BlackRock Inc. ($1.03B), Capital World Investors ($873.71M), Primecap Management Co. CA ($627.68M), State Street Corp ($586.92M), Newport Trust Co ($451M), and Geode Capital Management LLC ($441.46M) were the institutional investors with the largest stakes.

Who Among The Institutions Has Been Purchasing Shares Of Delta Air Lines?

The following investors and hedge funds purchased the most shares of DAL stock out of the 941 institutional investors who bought it in the past 24 months: Renaissance Technologies LLC ($11.23M), Morgan Stanley ($7.85M), Neuberger Berman Group LLC ($4.77M), Amundi ($4.64M), U.S. Global Investors Inc. ($4.16M), BlackRock Inc. ($3.43M), and Primecap Management Co. CA ($3.27M).

Institutional investors hold 67.90% of the shares of Delta Air Lines. In the past 24 months, institutional investors have purchased 142,748,352 shares altogether. This volume of purchases entails roughly $5.54B in transactions. In the past 24 months, institutional investors having vented a total of 90,723,029 shares. The $3.56B in transactions represented by this share sale volume.

DAL Competitors

DAL Competitors

Southwest Airlines (LUV), United Airlines (UAL), Alaska Air Group (ALK), Ryanair (RYAAY), China Southern Airlines (ZNH), American Airlines Group (AAL), China Eastern Airlines (CEA), Westinghouse Air Brake Technologies (WAB), J.B. Hunt Transport Services (JBHT), and Expeditors International of Washington are some of Delta Air Lines’ main rivals (EXPD).

All of these businesses fall under the “transportation” industry. Analysts favor Delta Air Lines more than other corporations in the transportation industry. While the average consensus recommendation for transportation services is Hold, Delta Air Lines has a moderate buy consensus rating.

Users of MarketBeat prefer Delta Air Lines over other transportation businesses. Delta Air Lines received an outperform vote from 78.16% of MarketBeat users, compared to an average of 62.47% for transportation firms.

Delta Air Lines And Southwest Airlines

When compared by MarketBeat users, Delta Air Lines scored 79 more votes for outperformance than Southwest Airlines. Similarly, 78.16% of people voted for Delta Air Lines to outperform, but just 72.49% of users chose Southwest Airlines.

With a beta of 1.21, Delta Air Lines is 21% more volatility than the S&P 500 in terms of share price swings. Southwest Airlines’ share price is 7% more variable than the S&P 500, according to its beta of 1.07, which is compared to other companies. Investors with institutional status own 67.9% of the shares of Delta Air Lines.

Comparatively, institutional investors control 76.4% of the shares of Southwest Airlines. Insiders own 0.8% of the shares of Delta Air Lines. In contrast, insiders hold 0.3% of the shares of Southwest Airlines. Strong institutional holdings is a sign that huge money managers, hedge funds, and endowments think a stock has a good chance of long-term growth.

How Much Is Today’s Delta Air Lines Stock Worth?

There are presently 641,188,362 shares of Delta Air Lines outstanding. The market capitalization of DAL stock, which is currently trading at $33.38 each share, is $21.40B. On May 3, 2007, DAL stock went public at a price of $20.72.

Your return over the past 15 years would have been 61.1% if you had purchased shares in Delta Air Lines at $20.72, for an annual return of 3.23%. As of December 14, 2022, Delta Air Lines’ market value was $21.40 billion. The total market price of a publicly traded company’s share capital is known as market cap.

The market capitalization of Delta Air Lines is determined by dividing the current share price of $33.38 of DAL by the total number of shares outstanding of 641,188,362 of DAL. The 52 week high and low of Delta Air Lines were both $46.27. Currently, it is 22.72% away from its 52 week low and -27.86% from its 52 week high.

What Is The Consensus Rating And Price Target For Delta Air Lines?

What Is The Consensus Rating And Price Target For Delta Air Lines?

The average DAL price objective, as reported by 14 Wall Street experts who have predicted DAL stock prices for the next year, is $50.54; the highest and lowest predictions, respectively, are $70.00 and $35.00.

By October 24, 2023, on average, Wall Street analysts expect DAL stock price will be $50.54. From the present DAL share price of $33.38, the average Delta Air Lines share value projection predicts a possible increase of 51.4%.

Analysts upgraded DAL stock twice in the past ninety days. Depending on their 12 month price estimates, analysts believe that DAL stock will rise 42.43% in the coming year.

How Much Money Does Delta Air Lines Make Annually?

The reported yearly revenue of Delta Air Lines (NYSE:DAL) is $29.90 billion. The net income for Delta Air Lines (NYSE:DAL) was $280 million. Over the previous four quarters, DAL generated $0.11 in earnings per share.

The historical price-to-earnings ratio for Delta Air Lines (NYSE:DAL) is 303.45, and the forward price-to-earnings ratio is 11.59.

Although Delta Air Lines hasn’t confirmed the exact date of its upcoming earnings report, the company’s expected earnings time is Thursday, January 12, 2023, based on the report dates from the previous year. With reported earnings per share (EPS) of $1.51 in the prior month, Delta Air Lines (NYSE:DAL) missed the experts’ consensus estimate of $1.56 by $0.05.

Is The Price Of DAL Stock Accurate?

To determine DAL’s fair value, investors employ a range of various financial measures, analysis, models, and charts. Depending on its P/E ratio of 278.17x in comparison to the P/E ratio of 45.38x for the Airlines business, DAL may be overvalued.

Depending on its P/B ratio of 4.66x in comparison to the 3.35x for the Airlines industry, DAL may be overvalued. Depending on its PEG ratio of 0.92x, DAL might be undervalued. The consensus analyst rating for Delta Air Lines is a Strong Buy out of 15 Equities experts who rate DAL.

Financial Summary for DAL

Financial health indicators for DAL include: In the last year, DAL’s profit margin increased from -0.3% to 0.2%.

Financial warning signs for DAL include: On the DAL income statement, long-term liabilities outnumber short-term assets. DAL can safely service its $30.84 billion in debt thanks to its cash flow from operations of $5.73 billion.

On the DAL balance sheet, short-term liabilities outnumber short-term assets. DAL’s $1.46 billion in earnings are insufficient to fulfill its interest obligations. In comparison to shareholder equity, total DAL debt is larger than it was five years ago. DAL has a ratio of debt to equity of 14.82, which is rather high.

Newest DAL Analyst Predictions

On October 24, 2022, Sheila Kahyaoglu, a top 30% expert from Jefferies, lifts their price objective for DAL from $35.00 to $40.00 while maintaining a strong buy rating. After visiting Delta TechOps in Atlanta and meeting with the corporation’s CFO and other executives, Kahyaoglu increased her price objective on Delta Air Lines, Inc. by 14.3%.

The analyst claimed, calling the division “a competitive edge for Delta,” that Delta TechOps is “probably the biggest airline MRO* provider in North America as well as the third largest globally.” In addition to $4 billion in production value for the airline, the division also generates about $1 billion in external sales, according to Kahyaoglu, who estimated that the MRO business would be worth $10 billion if considered separately.

On October 14, 2022, Helane Becker, a Cowen & Co. bottom 13% analyst, promotes DAL to a buy recommendation and reveals their DAL price objective of $54.00. On October 4, 2022, Savanthi Syth, a high 8% expert from Raymond James, improves their price objective for DAL from $50 to $52 and keeps it at a strong buy recommendation.

On July 20, 2022, Conor Dwyer, a bottom 47% expert from Berenberg, lowers their price objective for DAL from $54.00 to $48.50 while maintaining a strong buy rating. On July 15, 2022, John Staszak, a top 28% economist at Argus Research, drags down DAL to a hold rating.

DAL Stock Forecast 2022

delta price prediction

The revenue for Delta Air Lines in 2022 is $82,000,000. The average estimate of 12 Wall Street forecasters is $1,795,327,414 for DAL’s 2022 profits, with the lowest estimate coming in at $1,243,905,422. And the highest estimate coming in at $2,494,222,728.

In 2022, Delta Air Lines will earn $46,617,000,000. Ten Wall Street analysts predicted that DAL’s revenue for 2022 would be, on average, $31,481,375,891,455, with the minimum prediction being $28,948,173,399,184 and the highest prediction being $32,602,376,404,942.

The present Earnings Per Share (EPS) for Delta Air Lines is $0.12. Analysts expect DAL’s EPS will be $2.80 on average for 2022, with the correct figure coming in at $1.94 and the highest at $3.89.

DAL Stock Forecast 2023

The average estimate of 12 Wall Street economists is $3,436,769,620 for DAL’s 2023 profits, with the lowest estimate coming in at $1,923,565,086 and the highest estimate coming in at $5,366,746,590.

The average estimate of DAL’s revenue for 2023 from 9 Wall Street analysts is $33,714,856,166,286, with the correct figure coming in at $30,951,412,551,046 and the highest estimate coming in at $36,213,401,786,402.

Analysts expect DAL’s earnings per share (EPS) to be $5.36 on average for 2023, with the minimum EPS DAL stock forecast being $3.00 and the maximum EPS projection being $8.37.

DAL Stock Forecast 2024

The estimated earnings for DAL stock in 2024 are $5,007,681,107, with the lowest estimate coming in at $3,045,644,720 and the best estimate coming in at $7,636,553,391.

The estimated income for DAL stock in 2024 is $35,665,107,511,912, with the lowest estimate coming in at $33,422,584,557,612 and the largest estimate coming in at $38,906,880,209,957.

(NYSE: DAL) is expected to have a ROA of 6.31%, which is lower than the anticipated average for the US Airlines sector of 18.58%. (NYSE: DALexpected )’s ROE of 99.74% is regarded as high.

DAL Stock Forecast 2025

There are 12 predictions for the DAL stock forecast for 2025, with an average prediction of $23.77, a high prognosis of $27.46, and a low prediction of $21.75. The typical DAL stock forecast for 2025 shows a decline from the most recent price of $30.2600002288818 of -21.43%.

DAL Stock Forecast 2027

Twelve forecasts are made for each month of 2027 for the DAL stock forecast for 2027 (5 years), with an average prognosis of $21.94, a high prediction of $24.35, and a low prediction of $20.63. The typical DAL stock forecast for 2027 shows a drop from the most recent price of $30.2600002288818 of -27.51%.

DAL Stock Forecast 2030

The average DAL stock forecast prognosis for 2030 is $63.06 with a high DAL stock forecast of $63.87 and a low DAL stock forecast of $61.76. There are 12 predictions made for each month of 2030. From the most recent price of $30.2600002288818, the average DAL stock forecast for 2030 represents a growth of 108.41%.

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