In the latest trading session, Delta Air Lines (DAL) closed at $72.06, marking a +1.41% move from the previous day. This move outpaced the S&P 500's daily gain of 0.64%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.52%.
Prior to today's trading, shares of the airline had gained 21.33% outpaced the Transportation sector's gain of 10.68% and the S&P 500's gain of 3%.
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 January 13, 2026. The company is expected to report EPS of $1.58, down 14.59% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $15.46 billion, down 0.62% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.85 per share and revenue of $62.13 billion. These totals would mark changes of -5.03% and +0.79%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Delta Air Lines. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.76% decrease. Delta Air Lines currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Delta Air Lines is at present trading with a Forward P/E ratio of 12.14. This signifies no noticeable deviation in comparison to the average Forward P/E of 12.14 for its industry.
We can additionally observe that DAL currently boasts a PEG ratio of 1.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Transportation - Airline industry was having an average PEG ratio of 0.83.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 149, which puts it in the bottom 40% 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.
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Delta Air Lines, Inc. (DAL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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