Swift Transportation Co (SWFT): Today's Featured Transportation Winner

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

Swift Transportation ( SWFT) pushed the Transportation industry higher today making it today's featured transportation winner. The industry as a whole closed the day up 1.4%. By the end of trading, Swift Transportation rose $0.44 (2.7%) to $16.74 on average volume. Throughout the day, 2,364,130 shares of Swift Transportation exchanged hands as compared to its average daily volume of 1,935,800 shares. The stock ranged in a price between $16.24-$16.85 after having opened the day at $16.36 as compared to the previous trading day's close of $16.30. Other companies within the Transportation industry that increased today were: Eagle Bulk Shipping ( EGLE), up 53.9%, Excel Maritime Carriers ( EXM), up 39.3%, Sino-Global Shipping America ( SINO), up 18.8% and FreeSeas ( FREE), up 18.2%.
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Swift Transportation Company operates as a multi-faceted transportation services company and truckload carrier in North America. Swift Transportation has a market cap of $1.4 billion and is part of the services sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 78.7% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Swift Transportation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Swift Transportation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally higher debt management risk.

On the negative front, Frozen Food Express Industries ( FFEX), down 8.3%, Gol Intelligent Airlines ( GOL), down 4.4%, Era Group ( ERA), down 4.1% and Central North Airport Group ( OMAB), down 3.9% , were all laggards within the transportation industry with Delta Air Lines ( DAL) being today's transportation industry laggard.

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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