The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has International Consolidated Airlines Group SA (ICAGY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.
International Consolidated Airlines Group SA is a member of our Transportation group, which includes 122 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. International Consolidated Airlines Group SA is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ICAGY's full-year earnings has moved 9.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ICAGY has gained about 37.2% so far this year. Meanwhile, stocks in the Transportation group have lost about 5% on average. As we can see, International Consolidated Airlines Group SA is performing better than its sector in the calendar year.
One other Transportation stock that has outperformed the sector so far this year is Navigator Holdings (NVGS). The stock is up 4.2% year-to-date.
For Navigator Holdings, the consensus EPS estimate for the current year has increased 5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, International Consolidated Airlines Group SA belongs to the Transportation - Airline industry, a group that includes 25 individual stocks and currently sits at #99 in the Zacks Industry Rank. On average, stocks in this group have gained 9.9% this year, meaning that ICAGY is performing better in terms of year-to-date returns.
On the other hand, Navigator Holdings belongs to the Transportation - Shipping industry. This 38-stock industry is currently ranked #156. The industry has moved -0.1% year to date.
Investors interested in the Transportation sector may want to keep a close eye on International Consolidated Airlines Group SA and Navigator Holdings as they attempt to continue their solid performance.
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International Consolidated Airlines Group SA (ICAGY): Free Stock Analysis Report Navigator Holdings Ltd. (NVGS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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