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Has Advanced Emissions Solutions (ADES) Outpaced Other Industrial Products Stocks This Year?

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Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Advanced Emissions Solutions one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.

Advanced Emissions Solutions is one of 208 companies in the Industrial Products group. The Industrial Products group currently sits at #4 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ADES is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for ADES's full-year earnings has moved 17.35% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, ADES has gained about 16.98% so far this year. At the same time, Industrial Products stocks have lost an average of 5.28%. This shows that Advanced Emissions Solutions is outperforming its peers so far this year.

Looking more specifically, ADES belongs to the Pollution Control industry, which includes 14 individual stocks and currently sits at #49 in the Zacks Industry Rank. On average, this group has gained an average of 16.51% so far this year, meaning that ADES is performing better in terms of year-to-date returns.

Investors with an interest in Industrial Products stocks should continue to track ADES. The stock will be looking to continue its solid performance.