Investors focused on the Industrial Products space have likely heard of DMC Global (BOOM Quick QuoteBOOM - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

DMC Global is one of 210 individual stocks in the Industrial Products sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. 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 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. BOOM is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for BOOM's full-year earnings has moved 61.11% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, BOOM has gained about 74.45% so far this year. At the same time, Industrial Products stocks have lost an average of 6.03%. This means that DMC Global is performing better than its sector in terms of year-to-date returns.

Looking more specifically, BOOM belongs to the Industrial Services industry, a group that includes 15 individual stocks and currently sits at #24 in the Zacks Industry Rank. On average, stocks in this group have gained 18.60% this year, meaning that BOOM is performing better in terms of year-to-date returns.

Going forward, investors interested in Industrial Products stocks should continue to pay close attention to BOOM as it looks to continue its solid performance.