IYT - iShares Transportation Average ETF
| Previous Close | 169.24 |
| Open | 170.59 |
| Bid | 169.08 x 1300 |
| Ask | 169.15 x 800 |
| Day's Range | 169.15 - 171.85 |
| 52 Week Range | 168.41 - 209.43 |
| Volume | 162,114 |
| Avg. Volume | 257,563 |
| Net Assets | 732.09M |
| NAV | 195.22 |
| PE Ratio (TTM) | N/A |
| Yield | 1.08% |
| YTD Return | 2.81% |
| Beta (3Y Monthly) | 1.11 |
| Expense Ratio (net) | 0.43% |
| Inception Date | 2003-10-06 |
Market Realist•yesterdayIntermodal Drove CSX’s Rail Traffic Volumes in Week 49
CSX Corporation’s (CSX) rail traffic volumes grew 2.3% YoY (year-over-year) to 129,960 units in Week 49 mainly driven by improved intermodal and carload performances.
- Market Realist•4 days ago
Analysts Are Still Bullish on Delta Stock
With a market capitalization of $36.6 billion, Delta Air Lines (DAL) is the largest airline company in the United States. Disciplined capacity enhancement, efficient cost management, and a low fuel price environment helped Delta grow its profitability in the last few years.
- Market Realist•4 days ago
Kansas City Southern: Top Rail Traffic Volume Gainer in Week 49
After registering a 0.5% rail traffic decline in Week 48, Kansas City Southern (KSU) made a remarkable turnaround. The company’s total rail traffic increased 6.7% YoY (year-over-year) in Week 49 to 46,780 units from 43,855 units in the same week last year. The company registered YoY growth in both carload and intermodal traffic.
- ETF Trends•6 days ago
A Potential Triumph for the Transportation Sector
The iShares Transportation Average ETF (CBOE: IYT) is down more than 5% year-to-date, but the downtrodden transportation could be ready to trend higher. Transportation stocks were expected to benefit from lower oil prices and while that has been the case for airline stocks, other industry groups represented in IYT, including railroads. Going forward, the allure of infrastructure investing, which investors can easily engage in via exchange traded funds, could and should rise as governments around the world finally commit the capital necessary to upgraded dated and dangerous bridges, pipelines and roads.
Zacks•8 days ago3 Sector ETFs to Bet On Despite Soft November Jobs Data
These sector ETFs should gain post November jobs data.
Market Realist•11 days agoStrong Intermodal Growth Drove CSX’s Total Traffic in Week 48
CSX’s (CSX) rail traffic volume grew 1.5% YoY to 128,821 units mainly driven by robust intermodal growth, partially offset by a decline in carload traffic. In the first 48 weeks of 2018, the company recorded a 1.3% YoY increase in railcar traffic. However, CSX’s rail traffic gains were lower than US railroad (IYT) companies’ 3.7% gain during the same period.
Market Realist•11 days agoWhere Does Delta Air Lines Stand among Its Peers?
Delta Air Lines (DAL) is the largest airline company in the United States, in terms of market capitalization, at $38.9 billion. The low fuel price environment, efficient cost management, and disciplined capacity enhancement helped Delta grow its profitability in the last few years.
Market Realist•11 days agoDelta Adds Capacity to Most Profitable Transatlantic Route
Since the beginning of 2018, Delta Air Lines (DAL) has been focusing on route alignment and capacity addition. In November, the company increased its capacity 3.8% YoY (year-over-year). YTD (year-to-date) as of November, Delta Air Lines’ capacity has risen 3.4% YoY. The YTD growth is significantly higher than the capacity growth of 1% in 2017.
Market Realist•13 days agoFalling Oil Prices Could Boost Airlines’ Profitability
Since mid-October, the market has been bearish on oil prices. The sanctions levied by the US government on Iran have been softer than expected. Earlier, analysts expected stricter sanctions by the Trump Administration on Iran. Analysts expected a massive crude oil supply crunch. However, the US gave temporary waivers to eight countries, including China and India—the major importers of Iranian oil.
- Market Realist•15 days ago
Falling Oil Prices to Boost American Airlines’ Profitability
Oil prices have been on the upswing since the beginning of 2018 through early-October. As oil expenses make up a significant cost for air carriers, rising oil prices hurt airlines’ profitability as well as their share prices.
Market Realist•21 days agoDelta, United, and Alaska Airlines: Year-to-Date Performance
This year so far, airline stocks have been battered on concerns of rising fuel prices and overcapacity—with the exception of United Continental (UAL) and Spirit Airlines (SAVE). The two stocks have generated massive returns of 37.8% and 13.4%, respectively, year-to-date (or YTD), significantly outperforming the returns of the SPDR S&P 500 ETF (SPY). The ETF has lost 0.7% of its value.
Market Realist•22 days agoWhat United, Delta and Alaska Airlines’ Valuation Tells You
This year so far hasn’t gone well for the entire airline (IYT) industry. Almost every air carrier has registered a decline in its share price, with a few exceptions—such as United Continental (UAL), which has risen 37.8% year-to-date or YTD.
Market Realist•25 days agoFalling Oil Prices Could Boost Airlines’ Profits and Share Prices
Oil prices surged continuously from the beginning of 2018 through mid-October. Because oil expenses are a significant cost for airlines, rising oil prices hurt airlines’ profitability as well as their share prices.
Market Realist•27 days agoAAL Is Trading at a Discounted Multiple to Its Peers
American Airlines (AAL) is the largest airline company in the United States in terms of fleet size. The year so far has not gone well for the entire airline (IYT) industry, with almost every air carrier having registered a decline in its share price, except a few—such as United Continental (UAL). However, American Airlines stock has been the worst performer among its top peers YTD (year-to-date). American Airlines has fallen 29.4% YTD, followed by Southwest Airlines’ 19.7% fall.
Market Realist•28 days agoAmerican Airlines’ Traffic Growth Exceeds Capacity Growth Rate
In the first nine months of 2018, American Airlines’ (AAL) traffic (revenue passenger miles) grew 2.7% YoY (year-over-year)—higher than its capacity growth of 2.2% during the same period. The company’s traffic growth has exceeded its capacity growth rate in two of the last three quarters.
Market Realist•29 days agoSlumping Oil Prices Boost American Airlines’ Stock Price
Oil prices rose continuously from the beginning of 2018 through early October. Because oil expenses make up a significant cost component of airlines, increasing oil prices hurt airlines’ profitabilities as well as their share prices.
- Zacks•29 days ago
ETFs & Stocks to Shower Gains This Thanksgiving Week
History shows that the holiday-shortened Thanksgiving week is a bullish feast for stock investors, even with low volumes.
- Market Realist•last month
United Continental: Analysts Recommend a ‘Buy’
United Continental (UAL) has a consensus rating of ~2.12 from analysts polled by Thomson Reuters. There’s a consensus “buy” opinion on the stock. There has been an upward shift in analysts’ recommendations for United Continental after its third-quarter results and upbeat guidance for 2018. Before the company’s third-quarter earnings were released, five analysts recommended a “strong buy” on United Continental stock.
Market Realist•last monthSouthwest Airlines: Traffic Growth Lagged Capacity Growth
Southwest Airlines’ (LUV) traffic or RPM (revenue passenger miles) growth has lagged the capacity or ASM (available seat miles) growth rate in the last two quarters. In the third quarter, the company’s RPM grew 2.7% year-over-year, which lagged the capacity growth rate of 3.9%. The company’s traffic growth has been lagging the capacity growth for the past six months.
- Zacks•last month
5 Sector ETFs to Sizzle on Upbeat October Jobs Data
October's robust jobs data brings these sector ETFs into focus.
Market Realist•2 months agoCanadian National Railway Was the Top Volume Gainer in Week 42
Canadian National Railway (CNI) recorded ~10.3% YoY (year-over-year) growth in its Week 42 carload traffic. Canada’s largest rail freight carrier hauled ~70,100 railcars excluding intermodal volumes in the week compared to ~63,600 units in the corresponding week last year.
Market Realist•2 months agoA Summary of BNSF Railway’s Rail Traffic in Week 42
Berkshire Hathaway–owned BNSF Railway (BRK.B) reported a 2.7% YoY (year-over-year) rise in its Week 42 carload traffic. The railroad company moved ~103,600 railcars except for intermodal units in the week compared to ~100,900 units in Week 42 of 2017.
Market Realist•2 months agoInside Norfolk Southern’s Q3 2018 Coal Revenue Growth
In the third quarter, the Coal segment contributed 15.7% to Norfolk Southern’s (NSC) total operating revenue, down 110 basis points from 16.8% in the third quarter of 2017.
Market Realist•2 months agoUPS: Decoding Its Domestic Segment’s Q3 Revenue Growth
Previously in this series, we looked at United Parcel Service’s (UPS) revenues and its growth in the third quarter. Here, we’ll review the company’s segmental results, starting with its US Domestic Package segment.
Market Realist•2 months agoInside United Parcel Service’s Q3 Revenue Growth
In the third quarter, United Parcel Service (UPS) marginally missed its Thomson Reuters–surveyed analysts’ revenue estimate of $17.49 billion. The company’s reported revenues of $17.44 billion in the quarter rose 7.9% YoY (year-over-year) from $16.1 billion in the third quarter of 2017.
