Transportation - Shipping

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Why Teekay Tankers (TNK) Dipped More Than Broader Market Today
ZACKS· 2025-07-15 23:15
In the latest trading session, Teekay Tankers (TNK) closed at $43.43, marking a -1.18% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.4% for the day. Elsewhere, the Dow saw a downswing of 0.98%, while the tech-heavy Nasdaq appreciated by 0.18%. Coming into today, shares of the oil and gas shipping company had lost 4.23% in the past month. In that same time, the Transportation sector gained 4.86%, while the S&P 500 gained 4.97%. The investment community will be ...
Is Air Canada (ACDVF) Stock Outpacing Its Transportation Peers This Year?
ZACKS· 2025-07-15 14:41
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Air Canada (ACDVF) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Air Canada is one of 122 companies in the Transportation group. The Transportation group currently sits at #5 within the Zacks Sector R ...
Navios Maritime Partners LP (NMM) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-07-09 23:01
Company Performance - Navios Maritime Partners LP closed at $37.60, down 2.67% from the previous trading session, underperforming the S&P 500's gain of 0.61% [1] - The company is expected to report an EPS of $1.86, reflecting a decline of 39.22% year-over-year, while revenue is forecasted at $309.58 million, indicating a growth of 2.47% compared to the same quarter last year [2] - For the full year, analysts expect earnings of $10.87 per share and revenue of $1.31 billion, representing changes of -2.42% and +6.79% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Navios Maritime Partners LP are being monitored, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Navios Maritime Partners LP as 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [6] Valuation Metrics - Navios Maritime Partners LP is trading at a Forward P/E ratio of 3.55, which is significantly lower than the industry average Forward P/E of 8.99 [7] - The Transportation - Shipping industry, to which the company belongs, has a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries [7][8]
Costamare (CMRE) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-07-09 22:51
Core Viewpoint - Costamare's stock performance has shown mixed results recently, with a notable decline on the latest trading day while still outperforming the Transportation sector and S&P 500 over the past month [1][2]. Financial Performance - The upcoming earnings report for Costamare is projected to show an EPS of $0.67, reflecting a 12.99% decrease compared to the same quarter last year [2]. - For the full year, Zacks Consensus Estimates forecast earnings of $2.82 per share and revenue of $0 million, indicating changes of +2.17% and 0% respectively from the previous year [2]. Analyst Estimates - Recent changes to analyst estimates for Costamare are crucial for investors, as positive revisions indicate optimism regarding the company's business and profitability [3]. - The Zacks Rank system, which incorporates these estimate changes, currently assigns Costamare a rank of 3 (Hold), with no changes in the EPS estimate over the last 30 days [5]. Valuation Metrics - Costamare's Forward P/E ratio stands at 3.33, which is significantly lower than the industry average Forward P/E of 8.99, suggesting a valuation discount [6]. - The Transportation - Shipping industry, to which Costamare belongs, holds a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries [6][7].
Is DHT (DHT) Stock Outpacing Its Transportation Peers This Year?
ZACKS· 2025-07-08 14:40
Company Overview - DHT Holdings is currently ranked 2 (Buy) in the Zacks Rank system, indicating a favorable outlook for the stock [3] - The stock has gained approximately 22.5% year-to-date, significantly outperforming the Transportation sector, which has returned an average of -4.5% [4] Earnings Estimates - Over the past three months, the Zacks Consensus Estimate for DHT's full-year earnings has increased by 5.9%, reflecting improved analyst sentiment [4] Industry Context - DHT Holdings is part of the Transportation - Shipping industry, which consists of 38 individual stocks and currently holds a rank of 28 in the Zacks Industry Rank [6] - The average performance of this industry has been a loss of 1.7% year-to-date, further highlighting DHT's superior performance [6] Comparative Performance - Another notable stock in the Transportation sector is Flex LNG, which has returned 1% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5] - Both DHT Holdings and Flex LNG are expected to maintain solid performance moving forward [7]
Here's Why You Should Add Kirby Stock to Your Portfolio Now
ZACKS· 2025-07-04 16:51
Core Viewpoint - Kirby Corporation (KEX) is positioned as an impressive investment option due to multiple favorable factors impacting its performance [1]. Performance Overview - KEX has shown a strong price trend, gaining 32% over the past three months, outperforming the Zacks Transportation - Shipping industry's growth of 19.8% [2][7]. Investment Ratings - Kirby holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong investment potential [4]. Earnings Performance - KEX has a positive earnings surprise history, exceeding the Zacks Consensus Estimate in the last four quarters with an average beat of 5.02% [5]. - Earnings for Q2 2025 are projected to grow by 11.19% year over year, while the overall earnings for 2025 are expected to increase by 18.38% year over year [5][7]. Industry Context - The industry rank for Kirby is 29 out of 245, placing it in the top 12% of Zacks Industries, which is crucial for stock performance [8]. Growth Drivers - Kirby is experiencing favorable market conditions, including higher pricing, increased barge utilization, and improved pricing in both inland and coastal markets [9]. Financial Health - As of Q1 2025, Kirby reported cash and cash equivalents of $51 million against a current debt level of $7 million, indicating strong liquidity [10]. - The current ratio stands at 1.58, higher than the previous quarter's 1.45 and the industry average of 1.31, suggesting a lower risk of default [10]. Shareholder Returns - Kirby has been actively repurchasing shares, having bought back 1.6 million shares for $174.6 million in 2024 and 1.25 million shares for $124.7 million as of April 30, 2025 [11].
Teekay Tankers (TNK) Rises Higher Than Market: Key Facts
ZACKS· 2025-07-03 23:01
Company Performance - Teekay Tankers closed at $44.25, reflecting a +2.22% increase from the previous day, outperforming the S&P 500's gain of 0.83% [1] - Over the past month, the company's shares have decreased by 4.75%, underperforming the Transportation sector's gain of 5.56% and the S&P 500's gain of 4.99% [1] Upcoming Earnings - The company is expected to report an EPS of $1.59, which represents a decline of 48.38% compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $172.46 million, down 12.23% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $6.69 per share, reflecting a decrease of 35.11% from the prior year, with revenue expected to be $646.53 million, down 11.56% [3] Analyst Estimates - Recent revisions to analyst estimates are crucial as they indicate near-term business trends, with positive revisions suggesting a favorable business outlook [3][4] - The Zacks Consensus EPS estimate has increased by 3.4% in the past month, indicating a potential positive shift [5] Valuation Metrics - Teekay Tankers has a Forward P/E ratio of 6.48, which is lower than the industry average Forward P/E of 8.81, suggesting a valuation discount [6] - The Transportation - Shipping industry holds a Zacks Industry Rank of 28, placing it in the top 12% of over 250 industries [6]
Is China Cosco (CICOY) Outperforming Other Transportation Stocks This Year?
ZACKS· 2025-07-02 14:40
Group 1 - COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (CICOY) is part of the Transportation sector, which includes 122 companies and ranks 4 in the Zacks Sector Rank [2] - CICOY currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for CICOY's full-year earnings has increased by 17.6% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - CICOY has returned 7.7% year-to-date, outperforming the average loss of 3.7% in the Transportation group [4] - CICOY belongs to the Transportation - Shipping industry, which consists of 38 companies and ranks 31 in the Zacks Industry Rank; this industry has seen a loss of about 5.6% this year [6] - Another outperforming stock in the Transportation sector is Central Japan Railway Co. (CJPRY), which is up 19.7% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5][7]
Is KNOT Offshore Partners (KNOP) Stock Outpacing Its Transportation Peers This Year?
ZACKS· 2025-07-01 14:41
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Knot Offshore (KNOP) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.Knot Offshore is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank gau ...
Dorian LPG (LPG) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-06-27 23:00
Core Viewpoint - Dorian LPG is experiencing a recent decline in stock price, but has shown significant gains over the past month, outperforming the broader market and its sector [1][2]. Financial Performance - For the upcoming financial results, earnings are projected at $2.95 per share, reflecting a year-over-year increase of 29.96%, while revenue is expected to be $346.15 million, indicating a slight decrease of 1.07% from the previous year [2]. Analyst Estimates - Recent modifications to analyst estimates for Dorian LPG indicate a positive outlook, with upward revisions suggesting confidence in the company's operational performance and profit generation capabilities [3]. Stock Performance Correlation - Empirical research shows a direct correlation between revisions in estimates and stock price performance, suggesting that investors can benefit from tracking these changes [4]. Zacks Rank System - Dorian LPG currently holds a Zacks Rank of 1 (Strong Buy), with the consensus EPS estimate having increased by 23.43% over the past month, indicating strong potential for outperformance [5]. Valuation Metrics - The company is trading at a Forward P/E ratio of 8.56, which is lower than the industry average of 8.72, suggesting that Dorian LPG is undervalued compared to its peers [6]. Industry Context - The Transportation - Shipping industry, to which Dorian LPG belongs, is ranked 37 in the Zacks Industry Rank, placing it in the top 16% of over 250 industries, indicating strong overall industry performance [6][7].