Werner Enterprises Inc. (WERN): Today's Featured Transportation Winner

Werner Enterprises Inc ( WERN) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 2%. By the end of trading, Werner Enterprises Inc rose 15 cents (0.6%) to $23.69 on average volume. Throughout the day, 665,497 shares of Werner Enterprises Inc exchanged hands as compared to its average daily volume of 708,800 shares. The stock ranged in a price between $23.51-$24.20 after having opened the day at $23.69 as compared to the previous trading day's close of $23.54. Other companies within the Transportation industry that increased today were: TOP Ships Inc ( TOPS), up 4.2%, Paragon Shipping Inc ( PRGN), up 2.5%, J.B. Hunt Transport Services Inc ( JBHT), up 2.3%, and Atlas Air Worldwide Holdings Inc ( AAWW), up 1.7%.

Werner Enterprises, Inc., a transportation and logistics company, engages in hauling truckload shipments of general commodities in interstate and intrastate commerce primarily in the United States and Mexico. Werner Enterprises Inc has a market cap of $1.79 billion and is part of the services sector. The company has a P/E ratio of 18.5, equal to the average transportation industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 8.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Werner as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Newlead Holdings ( NEWL), down 14.9%, TBS International ( TBSI), down 10.5%, FreeSeas Inc ( FREE), down 9.8%, and Excel Maritime Carriers ( EXM), down 7%, were all losers within the transportation industry with FedEx Corporation ( FDX) being today's transportation industry loser.

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 ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).

null

More from Markets

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

Dow Trades Above 25,000 as U.S.-China Trade Tensions Thaw

Dow Trades Above 25,000 as U.S.-China Trade Tensions Thaw

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Treasury Secretary Mnuchin: 'Take the Over' on U.S. GDP Topping 3% This Year

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Video: Why the Stock Market Is Discounting China Trade Fears for Now

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000