Buy Delta Airlines And Gain Profit Of $25/share
Buy Delta Airline And Gain Good Profit
52 Week High is $49.81, which can be surpassed and will reach $60/share.
Market Capitalisation is $29.79 Billion.
P/E Ratio is 10.
Revenue is $55.75 Billion
Beta (Fluctuation) is 1.31. Very fluctuating share.
Dividend Yield is 0.84%.
1 year profit is 56%.
Delta Airline Inc. Revenue and Profit reaching new high.
Energy costs and Demand are the main criteria.
Air transportation industry is recovering from post Vivid trauma.
Delta Airline reported a Revenue of $15.7 Billion, 12.7% better than last year.
Taxed Profit had increased to $2.4 Billion.
Earning Per Share has reached $2.68/share.
Net Profit is considered to be $1.8 Billion.
Strong demand and effective management has brought the company to a profitable position.
Highest number of passengers travelled on 4th of July, consisting of 12 million passengers.
Due to Russia-Ukraine war, the cost of fuel has decreased to 22%, which is a boom to the industry.
Personal costs has increased by 25%.
Delta Airline Inc paid of almost $4 billion in debt payment due to increase in Cash Flow.
Earning Per Share annually will be $6/share, approximation.
This share is running at a discount of 30%, otherwise the share most have grown to more than $60/share.
Recommend a Buy Signal, and keep the stock for 1 year time period.
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