The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has AAR (AIR Quick QuoteAIR - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

AAR is a member of our Aerospace group, which includes 34 different companies and currently sits at #1 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 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. AIR is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for AIR's full-year earnings has moved 1.62% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, AIR has returned 9.61% so far this year. In comparison, Aerospace companies have returned an average of 31.59%. This shows that AAR is outperforming its peers so far this year.

To break things down more, AIR belongs to the Aerospace - Defense Equipment industry, a group that includes 19 individual companies and currently sits at #58 in the Zacks Industry Rank. On average, stocks in this group have gained 37.55% this year, meaning that AIR is slightly underperforming its industry in terms of year-to-date returns.

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