Are Transportation Stocks Lagging Air Transport Services Group (ATSG) This Year?

Zacks
04-03

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has Air Transport Services (ATSG) 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.

Air Transport Services is a member of the Transportation sector. This group includes 126 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. Air Transport Services is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for ATSG's full-year earnings has moved 0.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, ATSG has gained about 2.1% so far this year. Meanwhile, the Transportation sector has returned an average of -15.6% on a year-to-date basis. This shows that Air Transport Services is outperforming its peers so far this year.

Another Transportation stock, which has outperformed the sector so far this year, is Expeditors International (EXPD). The stock has returned 10% year-to-date.

Over the past three months, Expeditors International's consensus EPS estimate for the current year has increased 3.2%. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Air Transport Services belongs to the Transportation - Air Freight and Cargo industry, which includes 4 individual stocks and currently sits at #183 in the Zacks Industry Rank. Stocks in this group have lost about 12.4% so far this year, so ATSG is performing better this group in terms of year-to-date returns.

Expeditors International, however, belongs to the Transportation - Services industry. Currently, this 24-stock industry is ranked #205. The industry has moved -4.6% so far this year.

Going forward, investors interested in Transportation stocks should continue to pay close attention to Air Transport Services and Expeditors International as they could maintain their solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Air Transport Services Group, Inc (ATSG) : Free Stock Analysis Report

Expeditors International of Washington, Inc. (EXPD) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10