Delta Air Lines Inc (DAL): Today's Featured Transportation Laggard

Delta Air Lines ( DAL) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day down 1.0%. By the end of trading, Delta Air Lines fell $0.37 (-1.9%) to $18.99 on light volume. Throughout the day, 8,556,585 shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12,859,500 shares. The stock ranged in price between $18.66-$19.42 after having opened the day at $19.36 as compared to the previous trading day's close of $19.36. Other companies within the Transportation industry that declined today were: Sino-Global Shipping America ( SINO), down 20.3%, Paragon Shipping ( PRGN), down 7.4%, Knightsbridge Tankers ( VLCCF), down 6.0% and Greenbrier Companies ( GBX), down 6.0%.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Its route network is centered around a system of hub and international gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $16.0 billion and is part of the services sector. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7. Shares are up 57.6% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Delta Air Lines a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Delta Air Lines as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, Era Group ( ERA), up 24.2%, Frontline ( FRO), up 8.9%, Globus Maritime ( GLBS), up 3.6% and USA Truck ( USAK), up 2.3% , were all gainers within the transportation industry with Kansas City Southern ( KSU) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations

Stocks Rise, Facebook Ignites a Nasdaq Rally

Stocks Rise, Facebook Ignites a Nasdaq Rally

Short Seller Chanos Slams Tesla's Musk, Accuses Him of 'Incinerating' Capital

Short Seller Chanos Slams Tesla's Musk, Accuses Him of 'Incinerating' Capital

AMD Shares Explode After Solid Q1, Robust Outlook That Defies Chip Sector Gloom

AMD Shares Explode After Solid Q1, Robust Outlook That Defies Chip Sector Gloom

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts

Facebook Stock Set for Biggest Gain in Two Years After Q1 Earnings Top Forecasts