Relatively Low Projected Earnings Growth Detected in Shares of Delta Air Lines in the Airlines Industry (DAL, ALK, LUV, HA, ALGT)
Below are the three companies in the Airlines industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Delta Air Lines ranks lowest with a projected earnings growth of 41.5%. Alaska Air Group is next with a projected earnings growth of 54.5%. Southwest Airlines ranks third lowest with a projected earnings growth of 75.9%.
Hawaiian Holdings follows with a projected earnings growth of 95.9%, and Allegiant Travel rounds out the bottom five with a projected earnings growth of 97.8%.
SmarTrend recommended that its subscribers protect gains by selling shares of Allegiant Travel on April 29th, 2016 by issuing a Downtrend alert when the shares were trading at $161.93. Since that call, shares of Allegiant Travel have fallen 11.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest projected earnings growth Delta Air Lines alaska air group Southwest Airlines amex:ha hawaiian holdings allegiant travel