Recent exceptional negative changes in investment behavior have affected Delta Air Lines Inc (NYSE: DAL): the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and negative upside/downside volume developed.
Delta Air Lines Inc (NYSE: DAL) suffers from meaningful negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, DAL is expected to continue to be a major Value Builder.
Delta Air Lines has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Delta Air Lines has a good Power Rating of 78 and a very high Appreciation Score of 90, with the Highest Value Trend Rating the result.
Recent Price Action
Delta Air Lines Inc (NYSE: DAL) stock closed at $37.93 on 8/5/24 after a decline of -4.8%. Moreover, trading volume in this decline was exceptionally high at 217% of normal. The stock has declined -14.0% during the last week but has been exceptionally strong relative to the market over the last nine months.
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