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 1.1%. By the end of trading, JetBlue Airways fell $0.29 (-3.7%) to $7.63 on heavy volume. Throughout the day, 13,022,503 shares of JetBlue Airways exchanged hands as compared to its average daily volume of 6,834,300 shares. The stock ranged in price between $7.61-$7.99 after having opened the day at $7.95 as compared to the previous trading day's close of $7.92. Other companies within the Transportation industry that declined today were:
), down 20.4%,
), down 11.0%,
), down 7.0% and
), down 6.8%.
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JetBlue Airways Corporation, a passenger carrier company, provides air transportation services in the United States, the Caribbean, and Latin America. JetBlue Airways has a market cap of $2.5 billion and is part of the services sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are down 7.3% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate JetBlue Airways a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full JetBlue Airways Ratings Report.
On the positive front,
), up 4.9%,
), up 4.7%,
), up 4.1% and
), up 3.8% , were all gainers within the transportation industry with
) being today's featured transportation industry leader.
- 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.