LFL, RYAAY, JBHT And FDX, 4 Transportation Stocks Pushing The 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.3%) at 14,513 as of Wednesday, March 27, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,149 issues advancing vs. 1,749 declining with 144 unchanged.

The Transportation industry currently sits up 0.3% versus the S&P 500, which is down 0.2%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. LATAM Airlines Group S.A ( LFL) is one of the companies pushing the Transportation industry lower today. As of noon trading, LATAM Airlines Group S.A is down $0.14 (-0.6%) to $21.98 on light volume Thus far, 77,143 shares of LATAM Airlines Group S.A exchanged hands as compared to its average daily volume of 387,400 shares. The stock has ranged in price between $21.93-$22.17 after having opened the day at $22.08 as compared to the previous trading day's close of $22.12.

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services primarily in South America. As of June 22, 2012, the company operated a fleet of 310 aircrafts. LATAM Airlines Group S.A has a market cap of $10.5 billion and is part of the services sector. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate LATAM Airlines Group S.A a buy, 6 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LATAM Airlines Group S.A as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full LATAM Airlines Group S.A Ratings Report now.

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