Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. AerCap (AER) 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? 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.
AerCap is a member of our Transportation group, which includes 122 different companies and currently sits at #15 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. AerCap is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AER's full-year earnings has moved 4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, AER has returned 25.4% so far this year. In comparison, Transportation companies have returned an average of -4%. As we can see, AerCap is performing better than its sector in the calendar year.
Another stock in the Transportation sector, A.P. Moller-Maersk (AMKBY), has outperformed the sector so far this year. The stock's year-to-date return is 20.3%.
The consensus estimate for A.P. Moller-Maersk's current year EPS has increased 285.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, AerCap is a member of the Transportation - Equipment and Leasing industry, which includes 10 individual companies and currently sits at #66 in the Zacks Industry Rank. On average, stocks in this group have gained 9.1% this year, meaning that AER is performing better in terms of year-to-date returns.
On the other hand, A.P. Moller-Maersk belongs to the Transportation - Shipping industry. This 39-stock industry is currently ranked #82. The industry has moved +0.8% year to date.
Going forward, investors interested in Transportation stocks should continue to pay close attention to AerCap and A.P. Moller-Maersk as they could maintain their solid performance.
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Aercap Holdings N.V. (AER): Free Stock Analysis Report A.P. Moller-Maersk (AMKBY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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