Quick Look at Delta Air Lines (DAL)

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 (%)
2023 57,260,000 51,593,000 10 42.86
2022 50,582,000 46,921,000 7 16.67
2021 29,899,000 28,013,000 6 108.22
2020 17,095,000 29,564,000 -73 -621.43
2019 47,007,000 40,389,000 14 16.67
2018 44,438,000 39,174,000 12

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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.