- The debt-to-equity ratio is very high at 2.92 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with this, the company manages to maintain a quick ratio of 0.26, which clearly demonstrates the inability to cover short-term cash needs.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Marine industry and the overall market, RAND LOGISTICS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- RAND LOGISTICS INC has improved earnings per share by 24.1% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, RAND LOGISTICS INC reported poor results of -$0.44 versus -$0.39 in the prior year. This year, the market expects an improvement in earnings (-$0.20 versus -$0.44).
- The net income growth from the same quarter one year ago has significantly exceeded that of the Marine industry average, but is less than that of the S&P 500. The net income increased by 24.4% when compared to the same quarter one year prior, going from -$13.21 million to -$9.98 million.
- Despite its growing revenue, the company underperformed as compared with the industry average of 8.2%. Since the same quarter one year prior, revenues slightly increased by 0.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
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. Two out of the three major indices traded up today One out of the three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 6 points (0.0%) at 16,782 as of Monday, June 16, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,582 issues advancing vs. 1,410 declining with 164 unchanged. The Transportation industry as a whole was unchanged today versus the S&P 500, which was unchanged. Top gainers within the Transportation industry included China Metro-Rural Holdings ( CNR), up 3.4%, Air T ( AIRT), up 2.8%, Providence & Worcester Railroad ( PWX), up 1.6%, Rand Logistics ( RLOG), up 1.9% and Radiant Logistics ( RLGT), up 1.6%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: Rand Logistics ( RLOG) is one of the companies that pushed the Transportation industry higher today. Rand Logistics was up $0.11 (1.9%) to $6.02 on heavy volume. Throughout the day, 42,176 shares of Rand Logistics exchanged hands as compared to its average daily volume of 16,000 shares. The stock ranged in a price between $5.86-$6.11 after having opened the day at $5.91 as compared to the previous trading day's close of $5.91. Rand Logistics, Inc., through its subsidiaries, provides bulk freight shipping services in the Great Lakes. The company offers domestic port-to-port and River Class bulk freight shipping services. Rand Logistics has a market cap of $110.3 million and is part of the services sector. Shares are up 2.4% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Rand Logistics a buy, no analysts rate it a sell, and none rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Rand Logistics as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and disappointing return on equity. Highlights from TheStreet Ratings analysis on RLOG go as follows: