The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Sterling Infrastructure (STRL - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Sterling Infrastructure is a member of the Construction sector. This group includes 99 individual stocks and currently holds a Zacks Sector Rank of #16. 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. Sterling Infrastructure is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for STRL's full-year earnings has moved 5.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, STRL has gained about 5.2% so far this year. Meanwhile, the Construction sector has returned an average of -14.9% on a year-to-date basis. As we can see, Sterling Infrastructure is performing better than its sector in the calendar year.
Another stock in the Construction sector, Vinci SA (VCISY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 14.4%.
The consensus estimate for Vinci SA's current year EPS has increased 3.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Sterling Infrastructure belongs to the Engineering - R and D Services industry, a group that includes 21 individual companies and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 15% so far this year, meaning that STRL is slightly underperforming its industry in terms of year-to-date returns.
In contrast, Vinci SA falls under the Building Products - Heavy Construction industry. Currently, this industry has 11 stocks and is ranked #81. Since the beginning of the year, the industry has moved +1.8%.
Sterling Infrastructure and Vinci SA could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Sterling Infrastructure (STRL - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.
Sterling Infrastructure is a member of the Construction sector. This group includes 99 individual stocks and currently holds a Zacks Sector Rank of #16. 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. Sterling Infrastructure is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for STRL's full-year earnings has moved 5.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, STRL has gained about 5.2% so far this year. Meanwhile, the Construction sector has returned an average of -14.9% on a year-to-date basis. As we can see, Sterling Infrastructure is performing better than its sector in the calendar year.
Another stock in the Construction sector, Vinci SA (VCISY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 14.4%.
The consensus estimate for Vinci SA's current year EPS has increased 3.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Sterling Infrastructure belongs to the Engineering - R and D Services industry, a group that includes 21 individual companies and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 15% so far this year, meaning that STRL is slightly underperforming its industry in terms of year-to-date returns.
In contrast, Vinci SA falls under the Building Products - Heavy Construction industry. Currently, this industry has 11 stocks and is ranked #81. Since the beginning of the year, the industry has moved +1.8%.
Sterling Infrastructure and Vinci SA could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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