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Delta Air Lines (DAL) Stock Sinks As Market Gains: What You Should Know
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Delta Air Lines (DAL - Free Report) closed at $83.08 in the latest trading session, marking a -1.2% move from the prior day. This move lagged the S&P 500's daily gain of 0.66%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 1.05%.
The airline's stock has climbed by 4.89% in the past month, exceeding the Transportation sector's loss of 3.02% and the S&P 500's gain of 0.55%.
The upcoming earnings release of Delta Air Lines will be of great interest to investors. The company's earnings report is expected on October 9, 2026. In that report, analysts expect Delta Air Lines to post earnings of $1.96 per share. This would mark year-over-year growth of 14.62%. Simultaneously, our latest consensus estimate expects the revenue to be $17.7 billion, showing a 6.15% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.99 per share and revenue of $66.66 billion, indicating changes of +2.92% and +5.21%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Delta Air Lines should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.88% downward. Delta Air Lines currently has a Zacks Rank of #5 (Strong Sell).
Investors should also note Delta Air Lines's current valuation metrics, including its Forward P/E ratio of 14.04. This represents a premium compared to its industry average Forward P/E of 11.57.
Also, we should mention that DAL has a PEG ratio of 1.21. 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 currently had an average PEG ratio of 0.92 as of yesterday's close.
The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 224, putting it in the bottom 9% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Delta Air Lines (DAL) Stock Sinks As Market Gains: What You Should Know
Delta Air Lines (DAL - Free Report) closed at $83.08 in the latest trading session, marking a -1.2% move from the prior day. This move lagged the S&P 500's daily gain of 0.66%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 1.05%.
The airline's stock has climbed by 4.89% in the past month, exceeding the Transportation sector's loss of 3.02% and the S&P 500's gain of 0.55%.
The upcoming earnings release of Delta Air Lines will be of great interest to investors. The company's earnings report is expected on October 9, 2026. In that report, analysts expect Delta Air Lines to post earnings of $1.96 per share. This would mark year-over-year growth of 14.62%. Simultaneously, our latest consensus estimate expects the revenue to be $17.7 billion, showing a 6.15% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.99 per share and revenue of $66.66 billion, indicating changes of +2.92% and +5.21%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Delta Air Lines should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 3.88% downward. Delta Air Lines currently has a Zacks Rank of #5 (Strong Sell).
Investors should also note Delta Air Lines's current valuation metrics, including its Forward P/E ratio of 14.04. This represents a premium compared to its industry average Forward P/E of 11.57.
Also, we should mention that DAL has a PEG ratio of 1.21. 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 currently had an average PEG ratio of 0.92 as of yesterday's close.
The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 224, putting it in the bottom 9% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.