3 Transportation Stocks Pushing Industry Growth

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 212.33 points (-1.2%) at 17,403 as of Tuesday, Aug. 11, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,158 issues advancing vs. 1,944 declining with 104 unchanged.

The Transportation industry as a whole closed the day down 0.9% versus the S&P 500, which was down 1.0%. Top gainers within the Transportation industry included PHI ( PHII), up 2.9%, FreeSeas ( FREE), up 47.5%, USD Partners ( USDP), up 4.7%, Dynagas LNG Partners ( DLNG), up 3.5% and USA Truck ( USAK), up 1.9%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

USD Partners ( USDP) is one of the companies that pushed the Transportation industry higher today. USD Partners was up $0.45 (4.7%) to $9.95 on light volume. Throughout the day, 24,199 shares of USD Partners exchanged hands as compared to its average daily volume of 35,400 shares. The stock ranged in a price between $9.15-$10.33 after having opened the day at $9.62 as compared to the previous trading day's close of $9.50.

USD Partners has a market cap of $96.7 million and is part of the services sector. Shares are down 33.0% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

At the close, FreeSeas ( FREE) was up $0.22 (47.5%) to $0.70 on heavy volume. Throughout the day, 7,053,697 shares of FreeSeas exchanged hands as compared to its average daily volume of 444,200 shares. The stock ranged in a price between $0.51-$0.95 after having opened the day at $0.56 as compared to the previous trading day's close of $0.47.

FreeSeas has a market cap of $515,065 and is part of the services sector. Shares are down 98.6% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

PHI ( PHII) was another company that pushed the Transportation industry higher today. PHI was up $0.80 (2.9%) to $28.60 on heavy volume. Throughout the day, 1,412 shares of PHI exchanged hands as compared to its average daily volume of 800 shares. The stock ranged in a price between $28.47-$28.60 after having opened the day at $28.47 as compared to the previous trading day's close of $27.80.

PHI, Inc., together with its subsidiaries, provides transportation services to, from, and among offshore facilities involved in the oil and gas exploration, development, and production industry in North America, West Africa, and the Middle East. PHI has a market cap of $82.7 million and is part of the services sector. Shares are down 22.8% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate PHI a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates PHI as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and poor profit margins.

Highlights from TheStreet Ratings analysis on PHII go as follows:

  • The revenue growth came in higher than the industry average of 22.4%. Since the same quarter one year prior, revenues slightly increased by 3.6%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The debt-to-equity ratio is somewhat low, currently at 0.89, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with this, the company maintains a quick ratio of 4.11, which clearly demonstrates the ability to cover short-term cash needs.
  • PHI INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, PHI INC reported lower earnings of $2.08 versus $3.77 in the prior year.
  • PHII has underperformed the S&P 500 Index, declining 24.12% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • 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. In comparison to the other companies in the Energy Equipment & Services industry and the overall market, PHI INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

You can view the full analysis from the report here: PHI Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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.

More from Markets

State Street Gets Pummeled on Software Deal; Pizza Wars Are Raging -- ICYMI

State Street Gets Pummeled on Software Deal; Pizza Wars Are Raging -- ICYMI

Schlumberger Stock Dips as Investors Ignore Start of 'Earnings Liftoff'

Schlumberger Stock Dips as Investors Ignore Start of 'Earnings Liftoff'

GSK Shares Climb as Board Is Said to Mull Breakup of Pharma Giant

GSK Shares Climb as Board Is Said to Mull Breakup of Pharma Giant

Stocks End Close to Home

Stocks End Close to Home

Jim Cramer on Bank of America, Tariffs and the Goldman Sachs CEO Change

Jim Cramer on Bank of America, Tariffs and the Goldman Sachs CEO Change