Investors focused on the Industrial Products space have likely heard of Luxfer Holdings (LXFR - 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 Industrial Products sector should help us answer this question.
Luxfer Holdings is a member of the Industrial Products sector. This group includes 205 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. LXFR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LXFR's full-year earnings has moved 12.40% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, LXFR has gained about 45.57% so far this year. Meanwhile, the Industrial Products sector has returned an average of -10.35% on a year-to-date basis. This means that Luxfer Holdings is outperforming the sector as a whole this year.
To break things down more, LXFR belongs to the Manufacturing - General Industrial industry, a group that includes 35 individual companies and currently sits at #84 in the Zacks Industry Rank. On average, this group has lost an average of 5.38% so far this year, meaning that LXFR is performing better in terms of year-to-date returns.
Investors with an interest in Industrial Products stocks should continue to track LXFR. The stock will be looking to continue its solid performance.
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 >>
Investors focused on the Industrial Products space have likely heard of Luxfer Holdings (LXFR - 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 Industrial Products sector should help us answer this question.
Luxfer Holdings is a member of the Industrial Products sector. This group includes 205 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. LXFR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LXFR's full-year earnings has moved 12.40% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, LXFR has gained about 45.57% so far this year. Meanwhile, the Industrial Products sector has returned an average of -10.35% on a year-to-date basis. This means that Luxfer Holdings is outperforming the sector as a whole this year.
To break things down more, LXFR belongs to the Manufacturing - General Industrial industry, a group that includes 35 individual companies and currently sits at #84 in the Zacks Industry Rank. On average, this group has lost an average of 5.38% so far this year, meaning that LXFR is performing better in terms of year-to-date returns.
Investors with an interest in Industrial Products stocks should continue to track LXFR. The stock will be looking to continue its solid performance.
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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