United Continental Holdings Inc (UAL): Today's Featured Transportation Laggard

United Continental Holdings ( UAL) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 0.1%. By the end of trading, United Continental Holdings fell 43 cents (-2.4%) to $17.89 on average volume. Throughout the day, 7.1 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in price between $17.81-$18.38 after having opened the day at $18.38 as compared to the previous trading day's close of $18.32. Other companies within the Transportation industry that declined today were: Seanergy Maritime Holdings ( SHIP), down 11.9%, Covenant Transportation Group ( CVTI), down 5.3%, Eagle Bulk Shipping ( EGLE), down 5.2%, and Allegiant Travel Company ( ALGT), down 4.4%.

United Continental Holdings, Inc., through its subsidiaries, engages in the provision of passenger and cargo air transportation services. United Continental Holdings has a market cap of $6.12 billion and is part of the services sector. The company has a P/E ratio of 17.5, below the average transportation industry P/E ratio of 20.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate United Continental Holdings a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates United Continental Holdings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.

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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