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 up 0.5%. By the end of trading, Expeditors International of Washington fell 46 cents (-1.2%) to $39.09 on average volume. Throughout the day, 1.8 million shares of Expeditors International of Washington exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $38.98-$39.78 after having opened the day at $39.73 as compared to the previous trading day's close of $39.55. Other companies within the Transportation industry that declined today were:
TOP Ships (
TOPS), down 12.3%,
DS Torm (
TRMD), down 11.4%,
Sino-Global Shipping America (
SINO), down 6%, and
Frozen Food Express Industries (
FFEX), down 4.6%.
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Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. Expeditors International of Washington has a market cap of $8.04 billion and is part of the services sector. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Expeditors International of Washington a buy, one analyst rates it a sell, and eight rate it a hold.
TheStreet Ratings rates Expeditors International of Washington as a
buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low 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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