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Big Movers on the Transportation Sector Today, Including UNP
The Nasdaq is trading up 2.2%, the S&P 500 has increased 2% and the Dow has climbed 1.8% on a good day for the market so far. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.
The Transportation sector (IYT) is up 2.5%, outperforming the market overall. The biggest movers in the sector so far are:
Broker Summary: Fidelity Online Brokerage
Hornbeck Offshore Services (NYSE:HOS) has risen 8.6% and is currently trading at $38.87 per share. This morning, the company's volume is 494,477 shares. This is 0.7 times the average daily volume. The trading volume for a stock indicates the level of investor interest. Investment valuation ratios provide investors with an estimation, albeit a simplistic one, of the value of a stock. A company's capitalization (not to be confused with its market capitalization) is the term used to describe the makeup of a company's permanent or long-term capital, which consists of both long-term debt and shareholders' equity. HOS has a capitalization ratio of 44%. This ratio is considered to be one of the more meaningful of the "debt" ratios - it delivers the key insight into the use of leverage by a company.
Atlas Air Worldwide Holdings (Nasdaq:AAWW) is up 6.9% to reach a current price of $50.12 per share. The company's volume is currently 117,970 shares for the day, lighter than yesterday's volume of 423,049 shares. The trading volume for a stock indicates the level of investor interest. It is important for an investor to estimate the value of any potential or existing investment; valuation ratios make this easier. The price/earnings to growth (PEG) ratio divides a company's P/E ratio by its growth rate of earnings-per-share. AAWW has a PEG ratio of 0.77, which is consistent with the industry average. Because of the adjustment for earnings growth rate, the PEG ratio is somewhat more useful than many formulas for comparing companies in different industries.
Air (Nasdaq:AIRM) is currently trading at $114.66 per share, a 5.6% increase. The company's volume for the day so far is 84,778 shares. Volume is used to evaluate how meaningful the price movement of a stock is. Valuation ratios allow the investor to make a quick determination as to a company's investment value. The price/book value ratio provides a way of evaluating whether a stock is relatively cheap or expensive. AIRM's stock is trading for more than its book value with a P/B ratio of 4.84. This high share price relative to asset value is likely to indicate that the company has been earning a very high return on its assets. A weakness of the P/B value ratio is that while the price component is easily determined by looking at the stock quote, the book value component is more difficult to estimate and more open to individual interpretation and analysis. SEE: Using The Price-To-Book Ratio To Evaluate Companies
Golar LNG Limited (Nasdaq:GLNG) has risen 4.9% to hit a current price of $39.49 per share. At 177,495 shares, the company's volume so far today is in keeping with its current three-month average. If a stock price makes a big move up or down, volume lets us know the significance of that move. When estimating the value of a particular investment, valuation ratios provide a good basis for assessing the value of an individual stock. Dividend yield is a way to measure how much cash flow you are getting for each dollar invested in an equity position - in other words, how much "bang for your buck" you are getting from dividends. Dividend yield for GLNG is 3.7%. A stock's dividend yield depends on the nature of a company's business, its posture in the marketplace (value or growth oriented), its earnings and cash flow, and its dividend policy. SEE: Due Diligence On Dividends
Rising 3.7%, Union Pacific (NYSE:UNP) is currently trading at $126.31 per share. The company's volume for the day so far is 1.4 million shares. This is in keeping with its current daily average. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is. Valuation ratios include the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. The price/sales ratio is used for spotting recovery situations or for double-checking that a company's growth has not become overvalued. UNP's P/S ratio of 2.77 is on the high side. This could be a good sign if the share price increases. A limitation of the P/S ratio is that the price component measures only stock market captialization, while sales are a function of the entire capital structure, potentially leading to wide differences between levered and unlevered companies.
After an increase of 3.4%, Kansas City (NYSE:KSU) has reached a current price of $73.93. This morning, 302,266 shares have been traded,. If a stock is trading on low volume, then there is not much interest in the stock. On the other hand, if a stock is trading on high volume, then there is a lot of interest in the stock. Looking at a company's valuation ratios is a good way of getting a basic idea as to its value as an investment. The debt ratio is calculated by dividing total liabilities by total assets. KSU has a debt ratio of 53.3%. However, one thing to note with this ratio: it isn't a pure measure of a company's debt (or indebtedness), as it also includes operational liabilities, such as accounts payable and taxes payable.
Canadian National Railway (NYSE:CNI) has moved up 3.4% and is currently trading at $89.40 per share. The company is currently trading a volume of 231,800 shares. A stock's volume conveys how excited investors are about it. A company's investment value can be estimated using valuation ratios such as the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. The debt-equity (D/E) ratio is a leverage ratio. CNI has a D/E ratio of 61%. This easy-to-calculate ratio provides a general indication of a company's equity-liability relationship and is helpful to investors looking for a quick take on a company's leverage.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
The Transportation sector (IYT) is up 2.5%, outperforming the market overall. The biggest movers in the sector so far are:
| Company | Market Cap | Percentage Change |
| Hornbeck Offshore Services, Inc. (NYSE:HOS) | $1.26 billion | +8.6% |
| Atlas Air Worldwide Holdings, Inc. (Nasdaq:AAWW) | $1.24 billion | +6.9% |
| Air Methods Corporation (Nasdaq:AIRM) | $1.39 billion | +5.6% |
| Golar LNG Limited (USA) (Nasdaq:GLNG) | $3.02 billion | +4.9% |
| Union Pacific (NYSE:UNP) | $57.69 billion | +3.7% |
| Kansas City Southern (NYSE:KSU) | $7.86 billion | +3.4% |
| Canadian National Railway (USA) (NYSE:CNI) | $37.6 billion | +3.4% |
Hornbeck Offshore Services (NYSE:HOS) has risen 8.6% and is currently trading at $38.87 per share. This morning, the company's volume is 494,477 shares. This is 0.7 times the average daily volume. The trading volume for a stock indicates the level of investor interest. Investment valuation ratios provide investors with an estimation, albeit a simplistic one, of the value of a stock. A company's capitalization (not to be confused with its market capitalization) is the term used to describe the makeup of a company's permanent or long-term capital, which consists of both long-term debt and shareholders' equity. HOS has a capitalization ratio of 44%. This ratio is considered to be one of the more meaningful of the "debt" ratios - it delivers the key insight into the use of leverage by a company.
Atlas Air Worldwide Holdings (Nasdaq:AAWW) is up 6.9% to reach a current price of $50.12 per share. The company's volume is currently 117,970 shares for the day, lighter than yesterday's volume of 423,049 shares. The trading volume for a stock indicates the level of investor interest. It is important for an investor to estimate the value of any potential or existing investment; valuation ratios make this easier. The price/earnings to growth (PEG) ratio divides a company's P/E ratio by its growth rate of earnings-per-share. AAWW has a PEG ratio of 0.77, which is consistent with the industry average. Because of the adjustment for earnings growth rate, the PEG ratio is somewhat more useful than many formulas for comparing companies in different industries.
Air (Nasdaq:AIRM) is currently trading at $114.66 per share, a 5.6% increase. The company's volume for the day so far is 84,778 shares. Volume is used to evaluate how meaningful the price movement of a stock is. Valuation ratios allow the investor to make a quick determination as to a company's investment value. The price/book value ratio provides a way of evaluating whether a stock is relatively cheap or expensive. AIRM's stock is trading for more than its book value with a P/B ratio of 4.84. This high share price relative to asset value is likely to indicate that the company has been earning a very high return on its assets. A weakness of the P/B value ratio is that while the price component is easily determined by looking at the stock quote, the book value component is more difficult to estimate and more open to individual interpretation and analysis. SEE: Using The Price-To-Book Ratio To Evaluate Companies
Rising 3.7%, Union Pacific (NYSE:UNP) is currently trading at $126.31 per share. The company's volume for the day so far is 1.4 million shares. This is in keeping with its current daily average. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is. Valuation ratios include the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. The price/sales ratio is used for spotting recovery situations or for double-checking that a company's growth has not become overvalued. UNP's P/S ratio of 2.77 is on the high side. This could be a good sign if the share price increases. A limitation of the P/S ratio is that the price component measures only stock market captialization, while sales are a function of the entire capital structure, potentially leading to wide differences between levered and unlevered companies.
After an increase of 3.4%, Kansas City (NYSE:KSU) has reached a current price of $73.93. This morning, 302,266 shares have been traded,. If a stock is trading on low volume, then there is not much interest in the stock. On the other hand, if a stock is trading on high volume, then there is a lot of interest in the stock. Looking at a company's valuation ratios is a good way of getting a basic idea as to its value as an investment. The debt ratio is calculated by dividing total liabilities by total assets. KSU has a debt ratio of 53.3%. However, one thing to note with this ratio: it isn't a pure measure of a company's debt (or indebtedness), as it also includes operational liabilities, such as accounts payable and taxes payable.
Canadian National Railway (NYSE:CNI) has moved up 3.4% and is currently trading at $89.40 per share. The company is currently trading a volume of 231,800 shares. A stock's volume conveys how excited investors are about it. A company's investment value can be estimated using valuation ratios such as the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. The debt-equity (D/E) ratio is a leverage ratio. CNI has a D/E ratio of 61%. This easy-to-calculate ratio provides a general indication of a company's equity-liability relationship and is helpful to investors looking for a quick take on a company's leverage.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
by
Investopedia Staff
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