Top nine transportation stocks based on their market capitalization

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Top nine transportation stocks based on their market capitalization

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 Top nine transportation stocks based on their market capitalization
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Highlights

  • Union Pacific Corp (NYSE: UNP) has a P/E ratio of 25.47 and a dividend yield is 1.88%.
  • Old Dominion Freight Line, Inc.’s (NASDAQ: ODFL) dividend yield is 0.28%. The stock gained 43.33% YTD.
  • Kansas City Southern (NYSE: KSU) gained 42.87% YTD; it has a P/E ratio of 220.22.

Transportation companies provide air, road, and shipping services to move goods and people. For instance, they provide air and rail freight, marine and road transport, logistics, etc.

Here we explore the top nine transportation companies based on their market cap.

Union Pacific Corporation (NYSE: UNP) is a railroad transportation company. It has a market capitalization of US$146 billion. Its P/E ratio is 25.47, the dividend yield is 1.88%, and the annualized dividend is US$4.28.

Its revenue for the June quarter was US$5.5 billion compared to US$4.24 billion in the previous year’s June quarter. The net income for the period was US$1.8 billion or US$2.72 per diluted share compared to US$1.13 billion or US$1.67 per diluted share in the year-ago quarter.

The stock closed at US$227.49 on Aug 16. It gave an 8.25% return YTD.

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Booking Holdings Inc. (NASDAQ: BKNG) is an online travel agency and operates booking websites. Its market capitalization is US$86.9 billion. The P/E ratio is 210.52 and the forward P/E for one year is 50.45.

The revenue for the June quarter was US$2.16 billion compared to US$630 million in the same quarter the previous year. The net loss booked for the June quarter was US$167 million or US$4.08 per diluted share compared to the net income of US$122 million or US$2.97 per share diluted.

The stock fell 5.26% YTD and closed at US$2130.89 on Aug 16, 2021.

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CSX Corporation (NASDAQ: CSX) has a US$75.5 billion market capitalization. The railroad transportation company has a P/E ratio of 22.63, dividend yield of 1.1%, and annualized dividend of US$0.372.

In the second quarter of 2021, the company’s revenue was US$2.99 billion compared to US$2.26 billion in the corresponding quarter of the previous year. The net income was US$1.17 billion or US$0.52 per diluted share compared to US$499 million or US$0.22 per diluted share in the prior year’s Q2.

The stock grew 11.47% YTD. CSX stock closed at US$33.87 on Aug 16.

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FedEx Corporation (NYSE: FDX) provides packaged delivery service through air freight. The market capitalization of the company is US$74 billion. Its P/E ratio is 14.24, the dividend yield is 1.08%, and annualized dividend is US$3.00.

Its revenue and net income for the FY ended May 31, 2021, were US$83.96 billion and US$5.23 billion or US$19.45 per share diluted, respectively. In FY 2020, revenue was US$69.2 billion and net income was US$1.29 billion, respectively.

The stock closed at US$281.66 on Aug 16. It increased by 7.05% YTD.

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Norfolk Southern Corporation (NYSE: NSC) has a market capitalization of US$65.5 billion. The railroad company’s P/E ratio is 24.57, the current dividend yield is 1.62% and annualized dividend is US$4.36.

The revenue for the second quarter ended June 30, was US$2.8 billion compared to US$2.09 billion a year ago. The net income was US$819 million or US$3.28 per diluted share compared to US$392 million or US$1.53 per share diluted in the June quarter of 2020.

The stock grew 12.16% YTD and closed at US$269.73 on Aug 16.

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Old Dominion Freight Line, Inc. (NASDAQ: ODFL) has a US$32.25 billion market capitalization. The trucking freight company has a P/E ratio of 37.99, dividend yield of 0.28%, and annualized dividend of US$0.80.

The revenue for the June quarter was US$1.32 billion compared to US$896 million in the previous year’s June quarter. The net income was US$269.6 million or US$2.31 per share diluted compared to US$147.8 million or US$1.25 per share diluted in the same quarter a year ago.

ODFL gave a 43.33% return YTD and closed at US$281.68 on Aug 16, 2021.

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Southwest Airlines Company (NYSE: LUV) is a domestic passenger air carrier in the US. Its market capitalization is US$28.8 billion.

The revenue for the June quarter of 2021 was US$4 billion compared to US$1 billion in the same quarter of 2020. The net income was US$348 million or US$0.57 per share diluted compared to the net loss of US$915 million or US$1.63 per share diluted in the June quarter of the previous year.

The stock’s closing price on Aug 16 was US$50.11, and it gave a 4.49% return YTD.

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Source – pixabay

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Kansas City Southern (NYSE: KSU) is a railroad company. The market capitalization of the company is US$26.4 billion, and the P/E ratio is 220.22. The dividend yield is 0.74% and annualized dividend is US$2.16.

Its June quarter revenue was US$749.5 million compared to US$547.9 million in the previous year’s corresponding quarter. The net loss booked for the June quarter of 2021 was US$378 million or US$4.17 per share diluted compared to the net income of US$110.3 million or US$1.16 per share diluted for the same period in 2020.

The stock closed at US$292.86 on Aug 16, 2021, and it gained 42.87% YTD.

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Carnival Corporation (NYSE: CCL) is a cruise company providing services globally. The market capitalization of the company is US$25.5 billion.

Its revenue for the quarter ended May 31, 2021, was US$50 million compared to US$740 million in the same quarter the previous year. The net loss booked was US$2.07 billion or US$1.83 per share diluted compared to US$4.37 billion or US$6.07 per share diluted for the same period in 2020.

The stock closed at US$22.79 on Aug 16, 2021. The YTD return on the stock was 1.75%.

Bottomline

The Dow Jones Transportation Average Index gave 18.51% year-to-date return. The transportation stocks are facing the brunt of the coronavirus pandemic. But the sector is expected to recover soon as the vaccination and the economic recovery are on track.

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