CSX Corp (CSX): Today's Featured Transportation Winner

CSX ( CSX) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day down 0.1%. By the end of trading, CSX rose 18 cents (0.8%) to $21.83 on light volume. Throughout the day, 5.2 million shares of CSX exchanged hands as compared to its average daily volume of 7.6 million shares. The stock ranged in a price between $21.60-$22 after having opened the day at $21.84 as compared to the previous trading day's close of $21.65. Other companies within the Transportation industry that increased today were: Frozen Food Express Industries ( FFEX), up 25.2%, Euroseas ( ESEA), up 9.3%, Canadian Pacific Railway ( CP), up 5.8%, and Diana Shipping ( DSX), up 4.2%.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail service and the transport of intermodal containers and trailers. CSX has a market cap of $22.77 billion and is part of the services sector. The company has a P/E ratio of 12.3, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.8% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate CSX a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, attractive valuation levels, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, Covenant Transportation Group ( CVTI), down 9.1%, FreeSeas ( FREE), down 8.2%, Star Bulk Carriers ( SBLK), down 8.1%, and CH Robinson Worldwide ( CHRW), down 7.2%, were all laggards within the transportation industry with Southwest Airlines ( LUV) being today's transportation industry laggard.

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).

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