We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Triton International (TRTN) Outperforming Other Transportation Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Triton International one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Triton International is a member of our Transportation group, which includes 140 different companies and currently sits at #4 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 is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Triton International is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRTN's full-year earnings has moved 4.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, TRTN has gained about 12.6% so far this year. Meanwhile, stocks in the Transportation group have lost about 1.1% on average. This shows that Triton International is outperforming its peers so far this year.
Union Pacific (UNP - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 0.8%.
Over the past three months, Union Pacific's consensus EPS estimate for the current year has increased 2%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Triton International is a member of the Transportation - Equipment and Leasing industry, which includes 12 individual companies and currently sits at #31 in the Zacks Industry Rank. On average, stocks in this group have lost 1.8% this year, meaning that TRTN is performing better in terms of year-to-date returns.
Union Pacific, however, belongs to the Transportation - Rail industry. Currently, this 9-stock industry is ranked #153. The industry has moved -1% so far this year.
Investors interested in the Transportation sector may want to keep a close eye on Triton International and Union Pacific as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Triton International (TRTN) Outperforming Other Transportation Stocks This Year?
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Triton International one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Triton International is a member of our Transportation group, which includes 140 different companies and currently sits at #4 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 is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Triton International is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRTN's full-year earnings has moved 4.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, TRTN has gained about 12.6% so far this year. Meanwhile, stocks in the Transportation group have lost about 1.1% on average. This shows that Triton International is outperforming its peers so far this year.
Union Pacific (UNP - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 0.8%.
Over the past three months, Union Pacific's consensus EPS estimate for the current year has increased 2%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Triton International is a member of the Transportation - Equipment and Leasing industry, which includes 12 individual companies and currently sits at #31 in the Zacks Industry Rank. On average, stocks in this group have lost 1.8% this year, meaning that TRTN is performing better in terms of year-to-date returns.
Union Pacific, however, belongs to the Transportation - Rail industry. Currently, this 9-stock industry is ranked #153. The industry has moved -1% so far this year.
Investors interested in the Transportation sector may want to keep a close eye on Triton International and Union Pacific as they attempt to continue their solid performance.