Delta Air Lines (DAL) Falls More Steeply Than Broader Market: What Investors Need to Know

Company Overview - Delta Air Lines (DAL) ended the recent trading session at $57.84, showing a -2.05% change from the previous day's closing price, which lagged behind the S&P 500's 0.4% loss [1] - Over the past month, shares of Delta Air Lines gained 5.48%, outperforming the Transportation sector's gain of 0.13% and the S&P 500's gain of 1.67% [1] Earnings Expectations - Delta Air Lines is expected to report an EPS of $1.48, down 1.33% from the prior-year quarter, with a revenue estimate of $15.77 billion, up 0.59% from the prior-year quarter [2] - Full-year Zacks Consensus Estimates project earnings of $5.63 per share and revenue of $61.84 billion, representing year-over-year changes of -8.6% and +0.32%, respectively [2] Analyst Estimates and Rankings - Recent changes to analyst estimates for Delta Air Lines reflect evolving short-term business trends, with positive revisions indicating optimism about the business outlook [3] - The Zacks Rank system, which integrates estimate changes, currently ranks Delta Air Lines at 3 (Hold), with the Zacks Consensus EPS estimate moving 0.68% lower in the past month [5] Valuation Metrics - Delta Air Lines is trading at a Forward P/E ratio of 10.49, which is a premium compared to the industry average Forward P/E of 9.75 [6] - The company has a PEG ratio of 1.84, while the Transportation - Airline industry had an average PEG ratio of 0.86 [6] Industry Context - The Transportation - Airline industry ranks in the top 42% of all industries, with a current Zacks Industry Rank of 102 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]