Delta Air Lines moved 3.1% this evening session, trading between a high of $35.495 and a low of $34.87 per share. Yesterday the stock finished at $34.17 per share, compared to an average analyst target price of $53.65.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The large-cap air freight/delivery services company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.6%. Delta Air Lines has trailing twelve months earnings per share (EPS) of 5.3, which at today's prices amounts to a price to earnings (P/E) ratio of 6.6.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.17. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
Delta Air Lines's -4.0% average gross margins are thinner than the 21.2% average of the Airlines industry, implying that the firm might be lacking in competitivity.