Transportation Stocks Worth Watching - August 6th

Key Points

• The five transportation stocks to watch include Uber Technologies, Berkshire Hathaway, Transdigm Group, Parker-Hannifin, and Kinder Morgan, identified for their high trading volumes.
• Uber Technologies shares traded down to $89.13 with a market cap of $186.38 billion, while Berkshire Hathaway's shares rose to $468.51 with a market cap of $1.01 trillion.
• Transdigm Group’s stock decreased to $1,394.44 while it holds a substantial market cap of $78.33 billion and has a significant P/E ratio of 47.06.

Uber Technologies, Berkshire Hathaway, Transdigm Group, Parker-Hannifin, and Kinder Morgan are the five Transportation stocks to watch today, according to MarketBeat's stock screener tool. Transportation stocks are shares of publicly traded companies whose primary business involves moving goods or people—this includes airlines, railroads, shipping lines, trucking firms and logistics providers. Because their revenues and freight or passenger volumes tend to rise and fall with overall economic activity, these stocks often serve as real-time indicators of economic health. Investors follow transportation stocks both to gauge business cycle trends and to capture growth tied to expanding trade, supply chains and mobility. These companies had the highest dollar trading volume of any Transportation stocks within the last several days.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

NYSE:UBER traded down $0.27 during trading hours on Wednesday, reaching $89.13. The company had a trading volume of 33,199,774 shares, compared to its average volume of 22,286,373. Uber Technologies has a 1-year low of $59.33 and a 1-year high of $97.71. The firm has a market cap of $186.38 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.02 and a beta of 1.43. The business's 50 day moving average price is $89.15 and its 200-day moving average price is $80.68. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.02 and a quick ratio of 1.02.

Read Our Latest Research Report on UBER

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B stock traded up $4.32 during trading hours on Wednesday, hitting $468.51. 2,856,035 shares of the company's stock were exchanged, compared to its average volume of 4,900,563. The firm has a market cap of $1.01 trillion, a P/E ratio of 16.08, a P/E/G ratio of 3.19 and a beta of 0.81. The firm has a 50 day moving average of $483.76 and a two-hundred day moving average of $496.81. Berkshire Hathaway has a fifty-two week low of $425.60 and a fifty-two week high of $542.07.

Read Our Latest Research Report on BRK.B

Transdigm Group (TDG)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

NYSE:TDG traded down $22.51 during trading hours on Wednesday, reaching $1,394.44. 656,797 shares of the company were exchanged, compared to its average volume of 283,482. The stock's 50-day moving average is $1,510.81 and its 200-day moving average is $1,409.83. Transdigm Group has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a market cap of $78.33 billion, a PE ratio of 47.06, a price-to-earnings-growth ratio of 3.25 and a beta of 1.07.

Read Our Latest Research Report on TDG

Parker-Hannifin (PH)

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.

Shares of Parker-Hannifin stock traded down $17.54 during mid-day trading on Wednesday, reaching $697.35. 1,216,596 shares of the stock traded hands, compared to its average volume of 749,290. The business has a 50-day moving average of $694.53 and a 200 day moving average of $655.47. Parker-Hannifin has a fifty-two week low of $488.45 and a fifty-two week high of $745.34. The company has a quick ratio of 0.70, a current ratio of 1.21 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $89.11 billion, a PE ratio of 26.88, a PEG ratio of 3.07 and a beta of 1.37.

Read Our Latest Research Report on PH

Kinder Morgan (KMI)

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

Shares of NYSE KMI traded down $1.28 during mid-day trading on Wednesday, reaching $26.76. The company's stock had a trading volume of 29,026,670 shares, compared to its average volume of 14,578,743. The stock has a market capitalization of $59.46 billion, a P/E ratio of 21.95, a P/E/G ratio of 3.56 and a beta of 0.78. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.53 and a current ratio of 0.68. Kinder Morgan has a 1-year low of $20.56 and a 1-year high of $31.48. The stock has a 50-day moving average of $27.96 and a two-hundred day moving average of $27.52.

Read Our Latest Research Report on KMI

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