Delta Air Lines (DAL) stock experiences turbulence

 

Delta Air Lines (DAL) stock experienced some turbulence today when news that New York’s Laguardia Airport had flights halted due to lack of air traffic control staffing. Other airline stocks are experiencing mixed reactions as the interruption continues to cause passenger delays.

DAL stock is lower by -0.15% while the S&P 500 is higher by 1.01% as of 11:35 AM on Friday, Jan 25. DAL is down -$0.07 from the previous closing price of $47.52 on volume of 4,070,959 shares. Over the past year the S&P 500 has fallen -6.00% while Delta Air Lines, Inc. is down -13.43%. DAL earned $5.73 a share in the most-recent quarter, giving it a price-to-earnings ratio of 8.28.

Stock Score Report, InvestorsObserver’s proprietary scoring system gives DAL a score of 41 out of a possible 100. That score is based on three component scores. A fundamental score of 81, a long-term technical score of 31 and a short-term technical score of 10. DAL has an analyst average recommendation of Strong Buy, with a median target price of $63.92, which is 34.9% above the stock’s current trading price. 

Meanwhile, the major indices are higher. The NASDAQ is up 1.08% to 7,149.93. The S&P 500 is higher by 1.01% to 2,668.93. The Dow Jones Industrial Average has gained 0.89% to 24,770.59.

Symbols: DAL

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