United Continental Holdings Inc (UAL): 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.

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 0.8%. By the end of trading, United Continental Holdings fell 30 cents (-1.4%) to $21.41 on average volume. Throughout the day, 3.7 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 3.7 million shares. The stock ranged in price between $21.28-$22.01 after having opened the day at $21.74 as compared to the previous trading day's close of $21.71. Other companies within the Transportation industry that declined today were: Newlead Holdings ( NEWL), down 17.9%, Seanergy Maritime Holdings ( SHIP), down 10.1%, Globus Maritime ( GLBS), down 8.6%, and Ultrapetrol Bahamas ( ULTR), down 7.8%.
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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 $6.94 billion and is part of the services sector. Shares are up 10.7% year to date as of the close of trading on Tuesday. Currently there are seven 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 strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity 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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