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Delta Air Lines (DAL) in Focus: Stock Moves 6.6% Higher

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Delta Air Lines, Inc. (DAL - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 11.8% in the past one-month time frame.

The move came after the company reported decent performance on its operating statistics for the month of September in spite of bad weather and hurricanes.

The company has seen nine negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Delta Air Lines currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Transportation - Airline industry is Deutsche Lufthansa AG (DLAKY - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is DAL going up? Or down? Predict to see what others think: Up or Down

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Delta Air Lines, Inc. (DAL) - free report >>

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