Is Greenbrier Companies, (GBX) Stock Outpacing Its Transportation Peers This Year?

GBX

Investors focused on the Transportation space have likely heard of Greenbrier Companies, (GBX - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of GBX and the rest of the Transportation group's stocks.

Greenbrier Companies, is a member of the Transportation sector. This group includes 144 individual stocks and currently holds a Zacks Sector Rank of #4. 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. GBX is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for GBX's full-year earnings has moved 2.26% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that GBX has returned about 1.50% since the start of the calendar year. At the same time, Transportation stocks have lost an average of 3.72%. This shows that Greenbrier Companies, is outperforming its peers so far this year.

Looking more specifically, GBX belongs to the Transportation - Equipment and Leasing industry, which includes 16 individual stocks and currently sits at #20 in the Zacks Industry Rank. On average, this group has lost an average of 2.04% so far this year, meaning that GBX is performing better in terms of year-to-date returns.

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

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