3 Stocks Dragging The Transportation Industry Downward

TheStreet highlights 3 stocks pushing the transportation industry lower today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 4 points (0.0%) at 18,344 as of Wednesday, July 13, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,725 declining with 124 unchanged.

The Transportation industry currently sits up 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include

Delta Air Lines

(

DAL

), down 1.1%, and

Ryanair Holdings

(

RYAAY

), down 0.7%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3.

CSX

(

CSX

) is one of the companies pushing the Transportation industry lower today. As of noon trading, CSX is down $0.18 (-0.7%) to $26.84 on average volume. Thus far, 4.3 million shares of CSX exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $26.76-$27.24 after having opened the day at $27.22 as compared to the previous trading day's close of $27.02.

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CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. CSX has a market cap of $25.4 billion and is part of the services sector. Shares are up 4.1% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate CSX a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

CSX

as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

CSX Ratings Report

now.

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2. As of noon trading,

Southwest Airlines

(

LUV

) is down $0.36 (-0.8%) to $42.48 on average volume. Thus far, 2.5 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $42.16-$43.30 after having opened the day at $43.20 as compared to the previous trading day's close of $42.84.

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Southwest Airlines Co. operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2015, it operated 704 Boeing 737 aircraft. Southwest Airlines has a market cap of $25.9 billion and is part of the services sector. Shares are down 0.5% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Southwest Airlines a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Southwest Airlines

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full

Southwest Airlines Ratings Report

now.

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1. As of noon trading,

American Airlines Group

(

AAL

) is down $0.28 (-0.8%) to $34.38 on heavy volume. Thus far, 8.7 million shares of American Airlines Group exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $34.12-$35.29 after having opened the day at $35.00 as compared to the previous trading day's close of $34.66.

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American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated 946 mainline aircrafts, as well as 587 regional aircrafts through regional airline subsidiaries and third-party regional carriers. American Airlines Group has a market cap of $17.4 billion and is part of the services sector. Shares are down 18.2% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate American Airlines Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

American Airlines Group

as a

hold

. The company's strengths can be seen in multiple areas, such as its notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full

American Airlines Group Ratings Report

now.

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If you are interested in one of these 3 stocks, 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

).

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