DryShips Inc. (DRYS): Today's Featured Transportation Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

DryShips ( DRYS) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 0.2%. By the end of trading, DryShips fell $0.06 (-1.6%) to $3.74 on light volume. Throughout the day, 9,025,009 shares of DryShips exchanged hands as compared to its average daily volume of 14,105,700 shares. The stock ranged in price between $3.68-$3.87 after having opened the day at $3.83 as compared to the previous trading day's close of $3.80. Other companies within the Transportation industry that declined today were: Paragon Shipping ( PRGN), down 14.2%, China Metro-Rural Holdings ( CNR), down 8.0%, Atlas Air Worldwide Holdings ( AAWW), down 6.9% and Republic Airways Holdings ( RJET), down 5.1%.

DryShips Inc. owns drybulk carriers and tankers that operate worldwide. DryShips has a market cap of $1.5 billion and is part of the services sector. Shares are down 19.1% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate DryShips a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates DryShips as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

On the positive front, Frontline ( FRO), up 7.6%, P.A.M. Transportation ( PTSI), up 7.5%, Arkansas Best Corporation ( ABFS), up 5.7% and Radiant Logistics ( RLGT), up 5.0% , were all gainers within the transportation industry with Canadian Pacific Railway ( CP) 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.

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