The Nasdaq is trading down 0.1%, the S&P 500 remains relatively unchanged and the Dow has fallen 0.1% so far today. 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.
|Company||Market Cap||Percentage Change|
|Werner Enterprises (Nasdaq:WERN)||$1.66 billion||+2.5%|
|Grupo Aeroportuario del Pacifico (NYSE:PAC)||$2.75 billion||-2.3%|
|Grupo Aeroportuario del Sureste (NYSE:ASR)||$3.12 billion||-1.7%|
|J.B. Hunt Transport Services (Nasdaq:JBHT)||$6.94 billion||+1.6%|
|Alaska Air Group (NYSE:ALK)||$2.86 billion||+1.5%|
|Union Pacific (NYSE:UNP)||$56.57 billion||+1.2%|
|Macquarie Infrastructure (NYSE:MIC)||$1.98 billion||+1.1%|
Forex Broker Summary: UFXMarkets
Werner Enterprises (Nasdaq:WERN) is up 2.5% to reach a current price of $23.39 per share. At 236,734 shares, the company's volume so far today is in line with the current daily average.
Currently trading at $47.84 per share, Grupo Aeroportuario del Pacifico (NYSE:PAC) has fallen 2.3%. The company's volume is currently 3,053 shares. This is on pace to fall short of yesterday's volume of 33,055 shares.
Falling 1.7%, Grupo Aeroportuario del Sureste (NYSE:ASR) is currently at a share price of $102.23. With 7,679 shares changing hands so far today, the company's volume is 0.1 times the average volume over the last three months.
J.B. Hunt Transport Services (Nasdaq:JBHT) has risen 1.6% to hit a current price of $59.59 per share. The company's volume for the day so far is 262,286 shares.
Increasing 1.5%, Alaska Air Group (NYSE:ALK) is trading at $41.25 per share. The company's volume is currently 227,076 shares for the day, 0.2 times its current daily average.
Union Pacific (NYSE:UNP) has risen 1.2% and is currently trading at $121.69 per share. The company is trading at a volume of 343,614 shares. At this rate, trading activity will likely be down from yesterday when 1.4 million shares changed hands.
Macquarie Infrastructure (NYSE:MIC) is currently trading at $42.70 per share, a 1.1% increase. The company's volume for the day so far is 19,372 shares, 0.1 times the current three-month average.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.