Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is Aecom Technology (ACM) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.
Aecom Technology is one of 87 individual stocks in the Construction sector. Collectively, these companies sit at #8 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. Aecom Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ACM's full-year earnings has moved 1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, ACM has moved about 8.4% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 2.5% on a year-to-date basis. As we can see, Aecom Technology is performing better than its sector in the calendar year.
Another stock in the Construction sector, Vinci SA (VCISY), has outperformed the sector so far this year. The stock's year-to-date return is 43.3%.
For Vinci SA, the consensus EPS estimate for the current year has increased 9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Aecom Technology belongs to the Engineering - R and D Services industry, which includes 17 individual stocks and currently sits at #160 in the Zacks Industry Rank. On average, this group has gained an average of 10.5% so far this year, meaning that ACM is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Vinci SA belongs to the Building Products - Heavy Construction industry. This 9-stock industry is currently ranked #2. The industry has moved +17.2% year to date.
Investors with an interest in Construction stocks should continue to track Aecom Technology and Vinci SA. These stocks will be looking to continue their solid performance.
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AECOM (ACM): Free Stock Analysis Report Vinci SA (VCISY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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