Delta Air Lines moved -2.8% this evening session, trading between a high of $40.1 and a low of $39.28 per share. Yesterday the stock finished at $40.69 per share, compared to an average analyst target price of $60.5.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The large-cap air freight/delivery services company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.2%. Delta Air Lines has trailing twelve months earnings per share (EPS) of 4.66, which at today's prices amounts to a price to earnings (P/E) ratio of 8.5.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.17. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-10 | 50,582,000 | -40,660,000 | 20 | 233.33 |
| 2022-02-11 | 29,899,000 | -28,080,000 | 6 | 126.09 |
| 2021-02-12 | 17,095,000 | -21,104,000 | -23 | -171.88 |
| 2020-02-13 | 47,007,000 | -32,127,000 | 32 | 14.29 |
| 2019-02-15 | 44,438,000 | -31,880,000 | 28 | -9.68 |
| 2018-02-23 | 41,138,000 | -28,449,000 | 31 |
Delta Air Lines's 15.7% average gross margins are thinner than the 21.2% average of the Airlines industry, implying that the firm might be lacking in competitivity.
