Southwest Airlines Co (LUV): Today's Featured Transportation Loser
The
industry closed the day up 0.7%.
(
),
(
),
(
), and
(
) were all decliners today within the transportation industry with
(
) being today's featured transportation loser. Southwest Airlines fell 9 cents (-1%) to $8.63 on light volume. Throughout the day, 8.8 million shares of Southwest Airlines exchanged hands as compared to its average daily volume of 12.2 million shares.
Southwest Airlines Co. operates as a passenger airline that provides scheduled air transportation in the United States. As of December 31, 2010, the company operated 548 Boeing 737 aircraft and provided service to 69 cities in 35 states. Southwest Airlines has a market cap of $7.3 billion and is part of the
sector. The company has a P/E ratio of 24.5, below the average transportation industry P/E ratio of 43.1 and above the S&P 500 P/E ratio of 17.7. Shares are down 32.8% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Southwest Airlines as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full Southwest Airlines Ratings Report.
On the positive front,
(
),
(
),
China Eastern Airlines Corporation
(
), and
(
) were all gainers within the transportation industry with
(
) being today's featured transportation industry winner.
- 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
iShares Dow Jones Transportation
(
) while those bearish on the transportation industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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