Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. American Airlines (AAL) 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.
American Airlines is a member of our Transportation group, which includes 131 different companies and currently sits at #16 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. American Airlines is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for AAL's full-year earnings has moved 25.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, AAL has moved about 5.5% on a year-to-date basis. In comparison, Transportation companies have returned an average of -3.7%. This means that American Airlines is outperforming the sector as a whole this year.
One other Transportation stock that has outperformed the sector so far this year is Greenbrier Companies (GBX). The stock is up 2.9% year-to-date.
For Greenbrier Companies, the consensus EPS estimate for the current year has increased 34.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, American Airlines is a member of the Transportation - Airline industry, which includes 28 individual companies and currently sits at #43 in the Zacks Industry Rank. On average, this group has gained an average of 35.7% so far this year, meaning that AAL is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Greenbrier Companies belongs to the Transportation - Equipment and Leasing industry. This 10-stock industry is currently ranked #177. The industry has moved -10.1% year to date.
Going forward, investors interested in Transportation stocks should continue to pay close attention to American Airlines and Greenbrier Companies 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
American Airlines Group Inc. (AAL) : Free Stock Analysis Report
Greenbrier Companies, Inc. (The) (GBX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。