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Delta Air Lines (DAL) Stock Moves 1.72%: What You Should Know
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In the latest close session, Delta Air Lines (DAL - Free Report) was up +1.72% at $83.92. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq added 0.45%.
Prior to today's trading, shares of the airline had gained 0.02% outpaced the Transportation sector's loss of 6.89% and lagged the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Delta Air Lines in its upcoming release. The company plans to announce its earnings on October 9, 2026. On that day, Delta Air Lines is projected to report earnings of $2.03 per share, which would represent year-over-year growth of 18.71%. Our most recent consensus estimate is calling for quarterly revenue of $17.67 billion, up 6% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.23 per share and a revenue of $66.58 billion, indicating changes of +7.04% and +5.08%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Delta Air Lines. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.79% lower. Right now, Delta Air Lines possesses a Zacks Rank of #4 (Sell).
Looking at valuation, Delta Air Lines is presently trading at a Forward P/E ratio of 13.24. Its industry sports an average Forward P/E of 11.88, so one might conclude that Delta Air Lines is trading at a premium comparatively.
Meanwhile, DAL's PEG ratio is currently 1.14. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Transportation - Airline stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 233, finds itself in the bottom 6% echelons 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Delta Air Lines (DAL) Stock Moves 1.72%: What You Should Know
In the latest close session, Delta Air Lines (DAL - Free Report) was up +1.72% at $83.92. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq added 0.45%.
Prior to today's trading, shares of the airline had gained 0.02% outpaced the Transportation sector's loss of 6.89% and lagged the S&P 500's gain of 1.27%.
Market participants will be closely following the financial results of Delta Air Lines in its upcoming release. The company plans to announce its earnings on October 9, 2026. On that day, Delta Air Lines is projected to report earnings of $2.03 per share, which would represent year-over-year growth of 18.71%. Our most recent consensus estimate is calling for quarterly revenue of $17.67 billion, up 6% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.23 per share and a revenue of $66.58 billion, indicating changes of +7.04% and +5.08%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Delta Air Lines. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.79% lower. Right now, Delta Air Lines possesses a Zacks Rank of #4 (Sell).
Looking at valuation, Delta Air Lines is presently trading at a Forward P/E ratio of 13.24. Its industry sports an average Forward P/E of 11.88, so one might conclude that Delta Air Lines is trading at a premium comparatively.
Meanwhile, DAL's PEG ratio is currently 1.14. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Transportation - Airline stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 233, finds itself in the bottom 6% echelons 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.