Is United Airlines (UAL) Stock Outpacing Its Transportation Peers This Year?

Zacks
02-13

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. United Airlines (UAL) 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? Let's take a closer look at the stock's year-to-date performance to find out.

United Airlines is one of 131 companies in the Transportation group. The Transportation group currently sits at #16 within 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 is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. United Airlines is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for UAL's full-year earnings has moved 12.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, UAL has moved about 7.3% on a year-to-date basis. Meanwhile, the Transportation sector has returned an average of 6.5% on a year-to-date basis. This means that United Airlines is performing better than its sector in terms of year-to-date returns.

Another stock in the Transportation sector, Viking Holdings (VIK), has outperformed the sector so far this year. The stock's year-to-date return is 17.1%.

The consensus estimate for Viking Holdings' current year EPS has increased 7.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, United Airlines belongs to the Transportation - Airline industry, a group that includes 28 individual stocks and currently sits at #53 in the Zacks Industry Rank. This group has gained an average of 17.3% so far this year, so UAL is slightly underperforming its industry in this area.

In contrast, Viking Holdings falls under the Transportation - Truck industry. Currently, this industry has 13 stocks and is ranked #203. Since the beginning of the year, the industry has moved +8%.

United Airlines and Viking Holdings could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.

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

United Airlines Holdings Inc (UAL) : Free Stock Analysis Report

Viking Holdings Ltd. (VIK) : 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。

熱議股票

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