3 Stocks Pushing The Transportation Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Transportation industry currently sits up 0.1% versus the S&P 500, which is up 0.0%. A company within the industry that fell today was Navios Maritime Partners L.P ( NMM), up 5.3%. A company within the industry that increased today was Delta Air Lines ( DAL), up 1.4%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Golar LNG ( GLNG) is one of the companies pushing the Transportation industry lower today. As of noon trading, Golar LNG is down $0.58 (-1.4%) to $39.49 on light volume Thus far, 128,343 shares of Golar LNG exchanged hands as compared to its average daily volume of 559,500 shares. The stock has ranged in price between $39.32-$40.14 after having opened the day at $39.88 as compared to the previous trading day's close of $40.07.

Golar LNG Limited, a mid-stream liquefied natural gas (LNG) company, engages in the transportation, regasification, and liquefaction and trading of LNG. It acquires, owns, operates, and charters LNG carriers and floating storage regasification units (FSRUs). Golar LNG has a market cap of $3.1 billion and is part of the services sector. The company has a P/E ratio of 62.6, above the S&P 500 P/E ratio of 17.7. Shares are down 12.7% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Golar LNG a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Golar LNG as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Golar LNG Ratings Report now.

2. As of noon trading, CSX ( CSX) is down $0.09 (-0.5%) to $19.59 on light volume Thus far, 2.4 million shares of CSX exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $19.45-$19.65 after having opened the day at $19.61 as compared to the previous trading day's close of $19.68.

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 $19.6 billion and is part of the services sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate CSX a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, growth in earnings per share, expanding profit margins 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. Get the full CSX Ratings Report now.

1. As of noon trading, Norfolk Southern Corporation ( NSC) is down $0.66 (-1.1%) to $57.37 on light volume Thus far, 949,513 shares of Norfolk Southern Corporation exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $57.14-$57.91 after having opened the day at $57.91 as compared to the previous trading day's close of $58.03.

Norfolk Southern Corporation, through its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the United States. Norfolk Southern Corporation has a market cap of $17.8 billion and is part of the services sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are down 20.4% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Norfolk Southern Corporation a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Norfolk Southern Corporation Ratings Report now.

If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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