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 down 1.7%. By the end of trading, Delta Air Lines fell $1.16 (-5.7%) to $19.11 on heavy volume. Throughout the day, 19,918,248 shares of Delta Air Lines exchanged hands as compared to its average daily volume of 10,438,500 shares. The stock ranged in price between $18.85-$19.66 after having opened the day at $19.65 as compared to the previous trading day's close of $20.27. Other companies within the Transportation industry that declined today were:
), down 12.1%,
), down 7.5%,
), down 7.2% and
), down 6.1%.
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Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Its route network is centered around a system of hub and international gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $17.2 billion and is part of the services sector. Shares are up 69.5% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Delta Air Lines
. 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 and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Delta Air Lines Ratings Report.
On the positive front,
), up 10.7%,
), up 8.8%,
), up 6.9% and
), up 6.2%.
- 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.