Expeditors International Of Washington Inc (EXPD): Today's Featured Transportation Laggard

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.

Expeditors International of Washington ( EXPD) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Expeditors International of Washington fell 65 cents (-1.7%) to $36.99 on average volume. Throughout the day, 1.7 million shares of Expeditors International of Washington exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $36.67-$37.57 after having opened the day at $37.57 as compared to the previous trading day's close of $37.64. Other companies within the Transportation industry that declined today were: FreeSeas ( FREE), down 11.2%, Euroseas ( ESEA), down 8.7%, UTi Worldwide ( UTIW), down 8.2%, and Eagle Bulk Shipping ( EGLE), down 4.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. Expeditors International of Washington has a market cap of $7.74 billion and is part of the services sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are down 9.5% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Expeditors International of Washington a buy, one analyst rates it a sell, and nine rate it a hold.

TheStreet Ratings rates Expeditors International of Washington as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Newlead Holdings ( NEWL), up 16.7%, Central North Airport Group ( OMAB), up 5.7%, Ultrapetrol Bahamas ( ULTR), up 5.6%, and Radiant Logistics ( RLGT), up 4.3%, were all gainers within the transportation industry with Delta Air Lines ( DAL) being today's featured transportation industry leader.

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).

Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade.