Delta Air Lines Inc (DAL): Today's Featured Transportation Winner

Delta Air Lines (DAL) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 0.8%. By the end of trading, Delta Air Lines rose 42 cents (4%) to $10.82 on average volume. Throughout the day, 9.7 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 11.7 million shares. The stock ranged in a price between $10.30-$10.85 after having opened the day at $10.39 as compared to the previous trading day's close of $10.40. Other companies within the Transportation industry that increased today were: DS Torm (TRMD), up 18.9%, Seanergy Maritime Holdings (SHIP), up 7.7%, Saia (SAIA), up 7.3%, and Globus Maritime (GLBS), up 7.1%.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates at airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $8.86 billion and is part of the services sector. The company has a P/E ratio of 7.8, below the average transportation industry P/E ratio of 10.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 28.6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Delta Air Lines as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

• You can view the full Delta Air Lines Ratings Report.

On the negative front, Sino-Global Shipping America (SINO), down 11.1%, Newlead Holdings (NEWL), down 7.2%, Arkansas Best Corporation (ABFS), down 6.4%, and Grupo TMM S.A (TMM), down 5%, were all losers within the transportation industry with Expeditors International of Washington (EXPD) being today's transportation industry loser.

• Use our transportation section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation (IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Delta Air Lines Inc click any of the following:

• Delta Air Lines Inc Stock Price

• Delta Air Lines Inc Analyst Ratings

• Delta Air Lines Inc Key Stats & Profile

• Delta Air Lines Inc Earnings

• Delta Air Lines Inc Ratio Comparison

• Delta Air Lines Inc Growth Rates

• Delta Air Lines Inc Balance Sheet

• Delta Air Lines Inc Cash Flow

• Delta Air Lines Inc Income Statement