Is Harsco (HSC) Outperforming Other Industrial Products Stocks This Year?

Investors focused on the Industrial Products space have likely heard of Harsco , 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 HSC and the rest of the Industrial Products group's stocks.

Harsco is a member of the Industrial Products sector. This group includes 208 individual stocks and currently holds a Zacks Sector Rank of #3. 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. HSC is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for HSC's full-year earnings has moved 2.50% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, HSC has returned 52.01% so far this year. At the same time, Industrial Products stocks have lost an average of 3.16%. This means that Harsco is outperforming the sector as a whole this year.

Looking more specifically, HSC belongs to the Industrial Services industry, a group that includes 15 individual stocks and currently sits at #176 in the Zacks Industry Rank. Stocks in this group have gained about 24.35% so far this year, so HSC is performing better this group in terms of year-to-date returns.

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

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