Delta Air Net Worth
Delta Air Net Worth Breakdown | DAL |
Delta Air Net Worth Analysis
Delta Air's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Delta Air's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Delta Air's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Delta Air's net worth analysis. One common approach is to calculate Delta Air's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Delta Air's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Delta Air's net worth. This approach calculates the present value of Delta Air's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Delta Air's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Delta Air's net worth. This involves comparing Delta Air's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Delta Air's net worth relative to its peers.
Enterprise Value |
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To determine if Delta Air is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Delta Air's net worth research are outlined below:
Delta Air Lines generated a negative expected return over the last 90 days | |
Delta Air Lines has 22.77 B in debt with debt to equity (D/E) ratio of 6.96, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Delta Air Lines has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Delta to invest in growth at high rates of return. | |
Over 83.0% of Delta Air shares are held by institutions such as insurance companies | |
Latest headline from newsweek.com: Delta flight returns to Atlanta after crew reports smoke in cockpit |
Delta Air Quarterly Good Will |
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Delta Air uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Delta Air Lines. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Delta Air's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
11th of April 2024 Upcoming Quarterly Report | View | |
11th of July 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
10th of January 2025 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
31st of December 2023 Last Financial Announcement | View |
Delta Air Target Price Consensus
Delta target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Delta Air's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
23 | Strong Buy |
Most Delta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Delta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Delta Air Lines, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationDelta Air Target Price Projection
Delta Air's current and average target prices are 61.79 and 77.56, respectively. The current price of Delta Air is the price at which Delta Air Lines is currently trading. On the other hand, Delta Air's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Delta Air Market Quote on 26th of February 2025
Target Price
Analyst Consensus On Delta Air Target Price
Know Delta Air's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Delta Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Delta Air Lines backward and forwards among themselves. Delta Air's institutional investor refers to the entity that pools money to purchase Delta Air's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Jpmorgan Chase & Co | 2024-09-30 | 10.6 M | Fmr Inc | 2024-12-31 | 10 M | Newport Trust Co. | 2024-12-31 | 9.8 M | Harris Associates L.p. | 2024-12-31 | 9.8 M | Amvescap Plc. | 2024-12-31 | 5.6 M | Gmt Capital Corp | 2024-12-31 | 5.5 M | Boston Partners Global Investors, Inc | 2024-12-31 | 5.4 M | Northern Trust Corp | 2024-12-31 | 5.2 M | Pzena Investment Management, Llc | 2024-12-31 | 4.9 M | Vanguard Group Inc | 2024-12-31 | 72.4 M | Blackrock Inc | 2024-12-31 | 43.5 M |
Follow Delta Air's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 39.91 B.Market Cap |
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Project Delta Air's profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.06 | 0.06 | |
Return On Capital Employed | 0.12 | 0.08 | |
Return On Assets | 0.05 | 0.05 | |
Return On Equity | 0.23 | 0.24 |
When accessing Delta Air's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Delta Air's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Delta Air's profitability and make more informed investment decisions.
Evaluate Delta Air's management efficiency
Delta Air Lines has Return on Asset of 0.0505 % which means that on every $100 spent on assets, it made $0.0505 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2619 %, implying that it generated $0.2619 on every 100 dollars invested. Delta Air's management efficiency ratios could be used to measure how well Delta Air manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Delta Air's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.05 this year, although the value of Return On Capital Employed will most likely fall to 0.08. At this time, Delta Air's Fixed Asset Turnover is quite stable compared to the past year. Return On Assets is expected to rise to 0.05 this year, although the value of Total Current Assets will most likely fall to about 6.4 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 23.58 | 12.02 | |
Tangible Book Value Per Share | (0.67) | (0.70) | |
Enterprise Value Over EBITDA | 7.18 | 5.37 | |
Price Book Value Ratio | 2.57 | 2.50 | |
Enterprise Value Multiple | 7.18 | 5.37 | |
Price Fair Value | 2.57 | 2.50 | |
Enterprise Value | 9.4 B | 4.7 B |
Evaluating the management effectiveness of Delta Air allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Delta Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Enterprise Value Revenue 0.964 | Revenue | Quarterly Revenue Growth 0.094 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Delta Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Delta Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Delta Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Delta Air Corporate Filings
F4 | 12th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 11th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 15th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 3rd of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Delta Air Earnings Estimation Breakdown
The calculation of Delta Air's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Delta Air is estimated to be 0.8603 with the future projection ranging from a low of 0.7484 to a high of 0.95. Please be aware that this consensus of annual earnings estimates for Delta Air Lines is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.75 Lowest | Expected EPS | 0.95 Highest |
Delta Air Earnings Projection Consensus
Suppose the current estimates of Delta Air's value are higher than the current market price of the Delta Air stock. In this case, investors may conclude that Delta Air is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Delta Air's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
23 | 91.08% | 1.85 | 0.8603 | 5.33 |
Delta Air Earnings per Share Projection vs Actual
Actual Earning per Share of Delta Air refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Delta Air Lines predict the company's earnings will be in the future. The higher the earnings per share of Delta Air, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Delta Air Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Delta Air, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Delta Air should always be considered in relation to other companies to make a more educated investment decision.Delta Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Delta Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2025-01-10 | 2024-12-31 | 1.7424 | 1.85 | 0.1076 | 6 | ||
2024-10-10 | 2024-09-30 | 1.52 | 1.5 | -0.02 | 1 | ||
2024-07-11 | 2024-06-30 | 2.36 | 2.36 | 0.0 | 0 | ||
2024-04-10 | 2024-03-31 | 0.36 | 0.45 | 0.09 | 25 | ||
2024-01-12 | 2023-12-31 | 1.17 | 1.28 | 0.11 | 9 | ||
2023-10-12 | 2023-09-30 | 1.95 | 2.03 | 0.08 | 4 | ||
2023-07-13 | 2023-06-30 | 2.4 | 2.68 | 0.28 | 11 | ||
2023-04-13 | 2023-03-31 | 0.3 | 0.25 | -0.05 | 16 | ||
2023-01-13 | 2022-12-31 | 1.33 | 1.48 | 0.15 | 11 | ||
2022-10-13 | 2022-09-30 | 1.53 | 1.51 | -0.02 | 1 | ||
2022-07-13 | 2022-06-30 | 1.73 | 1.44 | -0.29 | 16 | ||
2022-04-13 | 2022-03-31 | -1.27 | -1.23 | 0.04 | 3 | ||
2022-01-13 | 2021-12-31 | 0.14 | 0.22 | 0.08 | 57 | ||
2021-10-13 | 2021-09-30 | 0.17 | 0.3 | 0.13 | 76 | ||
2021-07-14 | 2021-06-30 | -1.38 | -1.07 | 0.31 | 22 | ||
2021-04-15 | 2021-03-31 | -3.17 | -3.55 | -0.38 | 11 | ||
2021-01-14 | 2020-12-31 | -2.5 | -2.53 | -0.03 | 1 | ||
2020-10-13 | 2020-09-30 | -3 | -3.3 | -0.3 | 10 | ||
2020-07-14 | 2020-06-30 | -4.07 | -4.43 | -0.36 | 8 | ||
2020-04-22 | 2020-03-31 | -0.7 | -0.51 | 0.19 | 27 | ||
2020-01-14 | 2019-12-31 | 1.4 | 1.7 | 0.3 | 21 | ||
2019-10-10 | 2019-09-30 | 2.26 | 2.32 | 0.06 | 2 | ||
2019-07-11 | 2019-06-30 | 2.28 | 2.35 | 0.07 | 3 | ||
2019-04-10 | 2019-03-31 | 0.9 | 0.96 | 0.06 | 6 | ||
2019-01-15 | 2018-12-31 | 1.27 | 1.3 | 0.03 | 2 | ||
2018-10-11 | 2018-09-30 | 1.74 | 1.83 | 0.09 | 5 | ||
2018-07-12 | 2018-06-30 | 1.72 | 1.77 | 0.05 | 2 | ||
2018-04-12 | 2018-03-31 | 0.73 | 0.74 | 0.01 | 1 | ||
2018-01-11 | 2017-12-31 | 0.88 | 0.96 | 0.08 | 9 | ||
2017-10-11 | 2017-09-30 | 1.53 | 1.57 | 0.04 | 2 | ||
2017-07-13 | 2017-06-30 | 1.67 | 1.64 | -0.03 | 1 | ||
2017-04-12 | 2017-03-31 | 0.75 | 0.77 | 0.02 | 2 | ||
2017-01-12 | 2016-12-31 | 0.82 | 0.82 | 0.0 | 0 | ||
2016-10-13 | 2016-09-30 | 1.65 | 1.7 | 0.05 | 3 | ||
2016-07-14 | 2016-06-30 | 1.42 | 1.47 | 0.05 | 3 | ||
2016-04-14 | 2016-03-31 | 1.3 | 1.32 | 0.02 | 1 | ||
2016-01-19 | 2015-12-31 | 1.19 | 1.18 | -0.01 | 0 | ||
2015-10-14 | 2015-09-30 | 1.71 | 1.74 | 0.03 | 1 | ||
2015-07-15 | 2015-06-30 | 1.21 | 1.27 | 0.06 | 4 | ||
2015-04-15 | 2015-03-31 | 0.44 | 0.45 | 0.01 | 2 | ||
2015-01-20 | 2014-12-31 | 0.77 | 0.78 | 0.01 | 1 | ||
2014-10-16 | 2014-09-30 | 1.18 | 1.2 | 0.02 | 1 | ||
2014-07-23 | 2014-06-30 | 1.03 | 1.04 | 0.01 | 0 | ||
2014-04-23 | 2014-03-31 | 0.29 | 0.33 | 0.04 | 13 | ||
2014-01-21 | 2013-12-31 | 0.63 | 0.65 | 0.02 | 3 | ||
2013-10-22 | 2013-09-30 | 1.36 | 1.41 | 0.05 | 3 | ||
2013-07-24 | 2013-06-30 | 0.95 | 0.98 | 0.03 | 3 | ||
2013-04-23 | 2013-03-31 | 0.06 | 0.1 | 0.04 | 66 | ||
2013-01-22 | 2012-12-31 | 0.28 | 0.28 | 0.0 | 0 | ||
2012-10-24 | 2012-09-30 | 0.91 | 0.9 | -0.01 | 1 | ||
2012-07-25 | 2012-06-30 | 0.68 | 0.69 | 0.01 | 1 | ||
2012-04-25 | 2012-03-31 | -0.05 | -0.05 | 0.0 | 0 | ||
2012-01-25 | 2011-12-31 | 0.38 | 0.45 | 0.07 | 18 | ||
2011-10-25 | 2011-09-30 | 0.93 | 0.91 | -0.02 | 2 | ||
2011-07-27 | 2011-06-30 | 0.44 | 0.43 | -0.01 | 2 | ||
2011-04-26 | 2011-03-31 | -0.5 | -0.38 | 0.12 | 24 | ||
2011-01-18 | 2010-12-31 | 0.24 | 0.19 | -0.05 | 20 | ||
2010-10-20 | 2010-09-30 | 0.94 | 1.1 | 0.16 | 17 | ||
2010-07-19 | 2010-06-30 | 0.64 | 0.65 | 0.01 | 1 | ||
2010-04-20 | 2010-03-31 | -0.23 | -0.23 | 0.0 | 0 | ||
2010-01-26 | 2009-12-31 | -0.24 | -0.27 | -0.03 | 12 | ||
2009-10-22 | 2009-09-30 | -0.05 | 0.06 | 0.11 | 220 | ||
2009-07-22 | 2009-06-30 | -0.29 | -0.24 | 0.05 | 17 | ||
2009-04-21 | 2009-03-31 | -1.01 | -0.84 | 0.17 | 16 | ||
2009-01-27 | 2008-12-31 | -0.34 | -0.5 | -0.16 | 47 | ||
2008-07-16 | 2008-06-30 | 0.1 | 0.35 | 0.25 | 250 | ||
2008-04-23 | 2008-03-31 | -0.51 | -0.69 | -0.18 | 35 | ||
2008-01-23 | 2007-12-31 | -0.18 | -0.18 | 0.0 | 0 | ||
2007-10-16 | 2007-09-30 | 0.42 | 0.56 | 0.14 | 33 | ||
2007-07-18 | 2007-06-30 | 0.59 | 0.7 | 0.11 | 18 | ||
2007-02-15 | 2006-12-31 | -1.03 | -1.22 | -0.19 | 18 | ||
2006-11-13 | 2006-09-30 | -1.57 | -0.23 | 1.34 | 85 | ||
2006-08-11 | 2006-06-30 | -2.65 | -11.17 | -8.52 | 321 | ||
2006-05-11 | 2006-03-31 | -2.15 | -10.94 | -8.79 | 408 | ||
2006-02-14 | 2005-12-31 | -3.32 | -4.13 | -0.81 | 24 | ||
2005-11-10 | 2005-09-30 | -3 | -2.62 | 0.38 | 12 | ||
2005-07-21 | 2005-06-30 | -2.37 | -2.11 | 0.26 | 10 | ||
2005-04-21 | 2005-03-31 | -4.76 | -4.89 | -0.13 | 2 | ||
2005-01-20 | 2004-12-31 | -5.51 | -5.88 | -0.37 | 6 | ||
2004-10-20 | 2004-09-30 | -4.38 | -4.73 | -0.35 | 7 | ||
2004-07-19 | 2004-06-30 | -2.46 | -2.55 | -0.09 | 3 | ||
2004-04-14 | 2004-03-31 | -3.02 | -3.12 | -0.1 | 3 | ||
2004-01-14 | 2003-12-31 | -1.65 | -1.71 | -0.06 | 3 | ||
2003-10-14 | 2003-09-30 | -1.46 | -1.43 | 0.03 | 2 | ||
2003-07-17 | 2003-06-30 | -2.08 | -1.95 | 0.13 | 6 | ||
2003-04-17 | 2003-03-31 | -3.51 | -3.49 | 0.02 | 0 | ||
2003-01-16 | 2002-12-31 | -2.29 | -1.9 | 0.39 | 17 | ||
2002-10-15 | 2002-09-30 | -1.84 | -1.75 | 0.09 | 4 | ||
2002-07-18 | 2002-06-30 | -1.39 | -1.34 | 0.05 | 3 | ||
2002-04-16 | 2002-03-31 | -2.87 | -2.9 | -0.03 | 1 | ||
2002-01-31 | 2001-12-31 | -3.89 | -3.97 | -0.08 | 2 | ||
2001-11-01 | 2001-09-30 | -2.7 | -2.43 | 0.27 | 10 | ||
2001-07-19 | 2001-06-30 | -1.2 | -1.03 | 0.17 | 14 | ||
2001-04-18 | 2001-03-31 | -0.86 | -1.02 | -0.16 | 18 | ||
2001-01-18 | 2000-12-31 | 0.6 | 0.6 | 0.0 | 0 | ||
2000-10-17 | 2000-09-30 | 2.06 | 2.08 | 0.02 | 0 | ||
2000-07-20 | 2000-06-30 | 2.71 | 2.86 | 0.15 | 5 | ||
2000-04-18 | 2000-03-31 | 1.12 | 1.33 | 0.21 | 18 | ||
2000-01-18 | 1999-12-31 | 1.09 | 1.24 | 0.15 | 13 | ||
1999-10-18 | 1999-09-30 | 1.93 | 1.96 | 0.03 | 1 | ||
1999-07-19 | 1999-06-30 | 2.29 | 2.4 | 0.11 | 4 | ||
1999-04-15 | 1999-03-31 | 1.23 | 1.51 | 0.28 | 22 | ||
1999-01-19 | 1998-12-31 | 1.3 | 1.29 | -0.01 | 0 | ||
1998-10-15 | 1998-09-30 | 1.89 | 2.08 | 0.19 | 10 | ||
1998-07-16 | 1998-06-30 | 2.15 | 2.26 | 0.11 | 5 | ||
1998-04-20 | 1998-03-31 | 1.38 | 1.23 | -0.15 | 10 | ||
1998-01-21 | 1997-12-31 | 0.93 | 1.2 | 0.27 | 29 | ||
1997-10-23 | 1997-09-30 | 1.49 | 1.63 | 0.14 | 9 | ||
1997-07-24 | 1997-06-30 | 2.03 | 1.95 | -0.08 | 3 | ||
1997-04-24 | 1997-03-31 | 1.02 | 1.44 | 0.42 | 41 | ||
1997-01-23 | 1996-12-31 | 0.66 | 0.82 | 0.16 | 24 | ||
1996-10-24 | 1996-09-30 | 1.52 | 1.49 | -0.03 | 1 | ||
1996-07-19 | 1996-06-30 | 1.99 | 2.09 | 0.1 | 5 | ||
1996-04-25 | 1996-03-31 | 0.49 | 0.4 | -0.09 | 18 | ||
1996-01-25 | 1995-12-31 | 0.58 | 0.47 | -0.11 | 18 | ||
1995-10-25 | 1995-09-30 | 1.28 | 1.29 | 0.01 | 0 | ||
1995-07-26 | 1995-06-30 | 1.27 | 1.61 | 0.34 | 26 |
Delta Air Corporate Directors
Sergio Rial | Independent Director | Profile | |
CHRISTOPHER HAZLETON | Independent Director | Profile | |
David DeWalt | Independent Director | Profile | |
Jeanne Jackson | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Air Lines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Air. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 0.55 | Earnings Share 5.33 | Revenue Per Share | Quarterly Revenue Growth 0.094 |
The market value of Delta Air Lines is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Air's value that differs from its market value or its book value, called intrinsic value, which is Delta Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Air's market value can be influenced by many factors that don't directly affect Delta Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delta Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.