3 Stocks Pushing The Transportation Industry Lower
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelTwo out of the three major indices are trading lower today with the Dow Jones Industrial Average (^DJI) trading up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.The Transportation industry currently sits down 0.2% versus the S&P 500, which is down 0.0%. A company within the industry that fell today was Kansas City Southern (KSU), up 0.6%.TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:3. LATAM Airlines Group S.A (LFL) is one of the companies pushing the Transportation industry lower today. As of noon trading, LATAM Airlines Group S.A is down $0.06 (-0.3%) to $22.42 on heavy volume Thus far, 367,078 shares of LATAM Airlines Group S.A exchanged hands as compared to its average daily volume of 383,200 shares. The stock has ranged in price between $21.89-$22.42 after having opened the day at $22.00 as compared to the previous trading day's close of $22.48. LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services primarily in South America. As of June 22, 2012, the company operated a fleet of 310 aircrafts. LATAM Airlines Group S.A has a market cap of $10.9 billion and is part of the services sector. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate LATAM Airlines Group S.A a buy, 4 analysts rate it a sell, and 3 rate it a hold.TheStreet Ratings rates LATAM Airlines Group S.A as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity. Get the full LATAM Airlines Group S.A Ratings Report now.Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade
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