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Is Global Ship Lease (GSL) Outperforming Other Transportation Stocks This Year?
ZACKS· 2025-08-25 14:41
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has Global Ship Lease (GSL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Global Ship Lease is one of 121 companies in the Transportation group. The Transportation group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank gauges ...
International Consolidated Airlines Group SA (ICAGY) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-08-25 14:16
Have you been paying attention to shares of International Consolidated Airlines Group SA (ICAGY) ? Shares have been on the move with the stock up 5.8% over the past month. The stock hit a new 52-week high of $10.67 in the previous session. International Consolidated Airlines Group has gained 40.8% since the start of the year compared to the -2% gain for the Zacks Transportation sector and the 12.3% return for the Zacks Transportation - Airline industry.What's Driving the Outperformance?The stock has a great ...
Delta Air Lines (DAL) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-08-21 22:46
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]
Corporacion America Airports S.A. (CAAP) Lags Q2 Earnings Estimates
ZACKS· 2025-08-20 22:41
This quarterly report represents an earnings surprise of -36.17%. A quarter ago, it was expected that this company would post earnings of $0.46 per share when it actually produced earnings of $0.25, delivering a surprise of -45.65%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Corporacion America Airports, which belongs to the Zacks Transportation - Airline industry, posted revenues of $481.6 million for the quarter ended June 2025, surpassing the Zacks Cons ...
Is Dorian LPG (LPG) Stock Outpacing Its Transportation Peers This Year?
ZACKS· 2025-08-20 14:41
The consensus estimate for SkyWest's current year EPS has increased 7.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Dorian LPG belongs to the Transportation - Shipping industry, a group that includes 38 individual stocks and currently sits at #152 in the Zacks Industry Rank. On average, stocks in this group have lost 1.2% this year, meaning that LPG is performing better in terms of year-to-date returns. Dorian LPG is one of 122 individual sto ...
Surf Air Mobility Inc. (SRFM) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-12 22:26
Core Insights - Surf Air Mobility Inc. reported a quarterly loss of $0.93 per share, which was better than the Zacks Consensus Estimate of a loss of $1.09, marking an earnings surprise of +14.68% [1] - The company generated revenues of $27.43 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 5.91%, although this represents a decline from $32.37 million in the same quarter last year [2] - The stock has underperformed, losing approximately 23.6% since the beginning of the year, while the S&P 500 has gained 8.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.82 on revenues of $25.33 million, and for the current fiscal year, it is -$3.84 on revenues of $101.24 million [7] - The estimate revisions trend for Surf Air Mobility Inc. was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Transportation - Airline industry, to which Surf Air Mobility Inc. belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Is Cathay Pacific Airways (CPCAY) Outperforming Other Transportation Stocks This Year?
ZACKS· 2025-08-08 14:40
Group 1 - Cathay Pacific Airways Ltd. (CPCAY) has shown a year-to-date performance increase of approximately 8%, outperforming the average loss of 6.5% in the Transportation sector [4] - The Zacks Rank for Cathay Pacific Airways Ltd. is currently 2 (Buy), indicating a positive analyst sentiment with a 7.7% increase in the consensus estimate for full-year earnings over the past 90 days [3] - The Transportation - Airline industry, which includes Cathay Pacific Airways Ltd., has seen a collective gain of about 3.6% this year, further highlighting CPCAY's strong performance relative to its peers [6] Group 2 - LATAM (LTM) has also outperformed the Transportation sector with a return of 57.1% since the beginning of the year, and its current year EPS consensus estimate has increased by 13.7% over the past three months [4][5] - Both Cathay Pacific Airways Ltd. and LATAM are positioned well within the Transportation sector, suggesting potential for continued strong performance [7]
Joby Aviation, Inc. (JOBY) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-06 23:16
Joby Aviation, Inc. (JOBY) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to a loss of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.18, delivering no surprise.Over the last four quarters, the company has not been a ...
Allegiant Travel (ALGT) Q2 Earnings Beat Estimates
ZACKS· 2025-08-04 22:11
Company Performance - Allegiant Travel reported quarterly earnings of $1.23 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, but down from $1.77 per share a year ago, representing an earnings surprise of +48.19% [1] - The company posted revenues of $689.38 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.29%, compared to $666.28 million in the same quarter last year [2] - Over the last four quarters, Allegiant Travel has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Allegiant Travel shares have declined approximately 48.9% since the beginning of the year, while the S&P 500 has gained 6.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$1.62 on revenues of $599.03 million, and for the current fiscal year, it is $2.70 on revenues of $2.67 billion [7] - The estimate revisions trend for Allegiant Travel was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Transportation - Airline industry, to which Allegiant Travel belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Is Dorian LPG (LPG) Outperforming Other Transportation Stocks This Year?
ZACKS· 2025-08-04 14:41
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Dorian LPG (LPG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question. Dorian LPG is one of 122 companies in the Transportation group. The Transportation group cur ...