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 model
) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Delta Air Lines fell 36 cents (-4%) to $8.70 on heavy volume. Throughout the day, 20.8 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12.8 million shares. The stock ranged in price between $8.67-$9.04 after having opened the day at $9.03 as compared to the previous trading day's close of $9.06. Other companies within the Transportation industry that declined today were:
), down 14.1%,
), down 9.7%,
), down 7.1%, and
), down 7%.
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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 $7.75 billion and is part of the
sector. The company has a P/E ratio of 8.3, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Delta Air Lines as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.
- You can view the full Delta Air Lines Ratings Report.
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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
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