Investors focused on the Construction space have likely heard of North American Construction Group (NOA Quick QuoteNOA - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.

North American Construction Group is a member of the Construction sector. This group includes 97 individual stocks and currently holds a Zacks Sector Rank of #11. 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 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. NOA is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for NOA's full-year earnings has moved 9.73% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, NOA has gained about 37.19% so far this year. Meanwhile, stocks in the Construction group have gained about 21.70% on average. This means that North American Construction Group is performing better than its sector in terms of year-to-date returns.

Looking more specifically, NOA belongs to the Building Products - Heavy Construction industry, which includes 11 individual stocks and currently sits at #28 in the Zacks Industry Rank. On average, this group has gained an average of 16.60% so far this year, meaning that NOA is performing better in terms of year-to-date returns.

NOA will likely be looking to continue its solid performance, so investors interested in Construction stocks should continue to pay close attention to the company.