Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 1.7%. By the end of trading, Alaska Air Group fell $1.17 (-1.6%) to $72.33 on average volume. Throughout the day, 961,976 shares of Alaska Air Group exchanged hands as compared to its average daily volume of 657,700 shares. The stock ranged in price between $71.50-$73.92 after having opened the day at $73.82 as compared to the previous trading day's close of $73.50. Other companies within the Transportation industry that declined today were:
), down 3.1%,
), down 3.0%,
), down 2.0% and
), down 1.8%.
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Alaska Air Group, Inc., through its subsidiaries, provides scheduled air transportation for passengers and cargo. Alaska Air Group has a market cap of $4.9 billion and is part of the services sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are up 63.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Alaska Air Group a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Alaska Air Group
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Alaska Air Group Ratings Report.
On the positive front,
), up 21.9%,
), up 14.6%,
), up 12.8% and
), up 8.3%.
- 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
) while those bearish on the transportation industry could consider
- Find other investment ideas from our top rated ETFs lists.