Back to top
more

Delta Air Lines (DAL)

(Delayed Data from NYSE)

$39.30 USD

39.30
8,278,241

-0.31 (-0.78%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $39.29 -0.01 (-0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 7% (233 out of 250)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

Delta Air Lines is one of the four carriers that controls majority of the US aviation market (the carriers account for more than 60% of the domestic market share). This development followed a spate of mergers in the industry during the early part of this century. Delta, the second airline company to have joined the coveted S&P 500 Index, commands more than 17% share of the domestic market. Bulk of this Atlanta-GA based carrier’s revenues are recognized from its airline segment. Evidently, 99.8% of the $47-billion amount generated in 2019 came from this unit. Balance is represented by the refinery segment, which operates for the benefit of the airline division by providing it with jet fuel from its own production and agreements with third parties.

CSX Q2 Earnings & Revenues Miss on Coronavirus-Led Weak Volumes

Reduced economic activity as a result of coronavirus weighs on CSX's Q2 performance.

GATX's Q2 Earnings Beat, Decline Y/Y Due to Coronavirus Woes

Although GATX beat Q2 earnings estimates, its performance was hurt by coronavirus-led disruptions on Rail North America and Rail International segments.

Canadian National's (CNI) Q2 Earnings Meet Estimates, Down Y/Y

Low freight revenues and volumes amid COVID-19 hurt Canadian National's (CNI) second-quarter 2020 results.

United Airlines (UAL) Posts Q2 Loss, Sees a Dip in Load Factor

Softness in passenger revenues dents United Airlines' (UAL) Q2 results. Low fuel costs, however, offer some relief.

Maharathi Basu headshot

4 Airline Stocks Poised for Bottom-Line Outperformance in Q2

Diminished passenger revenues are likely to have dented the airlines' Q2 performance. However, low operating expenses might have provided a cushion.

Delta Proposes Pilot Pay Cuts to Avoid Furloughs for a Year

Before considering involuntary layoffs to address overstaffing, Delta (DAL) plans to first exhaust all other options. To this end, the airline proposes pilots' pay cuts to avoid furloughs for a year.

American Airlines Partners JetBlue to Boost Connectivity

The codeshare agreement allows JetBlue passengers to avail of more than 60 routes operated by American Airlines (AAL).

Maharathi Basu headshot

Airline Stock Roundup: DAL Posts Q2 Loss, UAL's Warns of Job Loss & More

Delta (DAL) suffers in Q2, mainly due to tepid passenger revenues. United Airlines' (UAL) warning of job cuts is also on account of a gloomy air-travel demand scenario.

Stock Market News for Jul 15, 2020

Benchmarks closed higher on Tuesday despite investors pulling out of big tech stocks.

Delta Air Lines (DAL) Posts Q2 Loss, Suffers Weak Load Factor

Delta Air Lines (DAL) performs dismally in Q2, mainly due to shrinking passenger revenues.

Delta Air Lines (DAL) Reports Q2 Loss, Tops Revenue Estimates

Delta (DAL) delivered earnings and revenue surprises of -11.59% and 4.80%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Delta Receives a Large Turnout for Early Buyout Packages

Given the large turnout Delta (DAL) has received for its early buyout packages, the carrier might be able to avoid involuntary furloughs in the fall.

Jeremy Mullin headshot

Earnings Season Begins with Mixed Results

A JPMorgan beat and a Delta miss kick off earnings season.

American Airlines Halts Dallas-Hong Kong Flight Resumption

Amid Hong Kong's coronavirus-testing mandates for airline crew members, American Airlines (AAL) postpones resumption of its Dallas-Hong Kong flights.

United Airlines, Pilots Reach Deal on Voluntary Separations

In an effort to reduce involuntary layoffs, United Airlines (UAL) enters into an agreement with its pilots union on voluntary furloughs and early retirement packages.

Low Fuel Costs May Improve Delta's (DAL) Q2 Earnings Picture

With majority of the fleet being still grounded or under-utilized due to the low demand scenario, fuel consumption in Q2 is likely to have been restrained at Delta (DAL).

Is a Surprise Coming for Delta (DAL) This Earnings Season?

Delta (DAL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

How Far Can Passenger Revenues Ail Delta's (DAL) Q2 Earnings?

Delta's (DAL) passenger revenues in Q2 are likely to have been lower than the reported figure of Q1.

How Will Coronavirus-Hit Delta (DAL) Fare This Earnings Season?

Muted passenger revenues are likely to hurt Delta Air Lines' (DAL) Q2 results. Low fuel costs are, however, a positive.

T-Mobile, Macy's, JPMorgan Chase, Delta Air Lines and MCHI highlighted as Zacks Bull and Bear of the Day

T-Mobile, Macy's, JPMorgan Chase, Delta Air Lines and MCHI highlighted as Zacks Bull and Bear of the Day

Are Options Traders Betting on a Big Move in Delta Air Lines (DAL) Stock?

Investors need to pay close attention to Delta Air Lines (DAL) stock based on the movements in the options market lately.

United Airlines Alerts 36K Workers About Potential Layoffs

United Airlines (UAL) contemplates mass-scale layoffs as air travel demand remains suppressed thanks to rising coronavirus cases in the United States.

Should You Invest in the U.S. Global Jets ETF (JETS)?

Sector ETF report for JETS

Delta Air Lines (DAL) Flat As Market Gains: What You Should Know

In the latest trading session, Delta Air Lines (DAL) closed at $27.01, marking no change from the previous day.

Mark Vickery headshot

Markets Get a Boost from Chinese Equities

We see a 5-year breakout in Chinese stocks, partly due to national banks putting as much as $100 billion in equity exposure in the world's second-largest economy.