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Delta Air Lines (DAL) Stock Declines While Market Improves: Some Information for Investors
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Delta Air Lines (DAL - Free Report) ended the recent trading session at $91.68, demonstrating a -1.15% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.72%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.12%.
The stock of airline has risen by 16.78% in the past month, leading the Transportation sector's gain of 4.32% and the S&P 500's loss of 0.9%.
The investment community will be paying close attention to the earnings performance of Delta Air Lines in its upcoming release. The company is slated to reveal its earnings on July 10, 2026. The company's upcoming EPS is projected at $1.44, signifying a 31.43% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $17.72 billion, indicating a 6.45% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.47 per share and revenue of $65.93 billion, indicating changes of -6.01% and +4.05%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Delta Air Lines. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.78% higher. As of now, Delta Air Lines holds a Zacks Rank of #3 (Hold).
With respect to valuation, Delta Air Lines is currently being traded at a Forward P/E ratio of 16.96. This valuation marks a premium compared to its industry average Forward P/E of 11.34.
We can additionally observe that DAL currently boasts a PEG ratio of 1.39. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.11 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 194, which puts it in the bottom 22% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Delta Air Lines (DAL) Stock Declines While Market Improves: Some Information for Investors
Delta Air Lines (DAL - Free Report) ended the recent trading session at $91.68, demonstrating a -1.15% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.72%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.12%.
The stock of airline has risen by 16.78% in the past month, leading the Transportation sector's gain of 4.32% and the S&P 500's loss of 0.9%.
The investment community will be paying close attention to the earnings performance of Delta Air Lines in its upcoming release. The company is slated to reveal its earnings on July 10, 2026. The company's upcoming EPS is projected at $1.44, signifying a 31.43% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $17.72 billion, indicating a 6.45% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.47 per share and revenue of $65.93 billion, indicating changes of -6.01% and +4.05%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Delta Air Lines. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 5.78% higher. As of now, Delta Air Lines holds a Zacks Rank of #3 (Hold).
With respect to valuation, Delta Air Lines is currently being traded at a Forward P/E ratio of 16.96. This valuation marks a premium compared to its industry average Forward P/E of 11.34.
We can additionally observe that DAL currently boasts a PEG ratio of 1.39. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 1.11 as trading concluded yesterday.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 194, which puts it in the bottom 22% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.