The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Zebra Technologies (ZBRA - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Zebra Technologies is a member of the Industrial Products sector. This group includes 213 individual stocks and currently holds a Zacks Sector Rank of #9. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ZBRA is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ZBRA's full-year earnings has moved 4.42% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ZBRA has returned about 49.66% since the start of the calendar year. At the same time, Industrial Products stocks have lost an average of 21.08%. As we can see, Zebra Technologies is performing better than its sector in the calendar year.
Breaking things down more, ZBRA is a member of the Manufacturing - Thermal Products industry, which includes 4 individual companies and currently sits at #58 in the Zacks Industry Rank. On average, stocks in this group have lost 1.02% this year, meaning that ZBRA is performing better in terms of year-to-date returns.
Investors with an interest in Industrial Products stocks should continue to track ZBRA. 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 >>
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Zebra Technologies (ZBRA - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.
Zebra Technologies is a member of the Industrial Products sector. This group includes 213 individual stocks and currently holds a Zacks Sector Rank of #9. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ZBRA is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ZBRA's full-year earnings has moved 4.42% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ZBRA has returned about 49.66% since the start of the calendar year. At the same time, Industrial Products stocks have lost an average of 21.08%. As we can see, Zebra Technologies is performing better than its sector in the calendar year.
Breaking things down more, ZBRA is a member of the Manufacturing - Thermal Products industry, which includes 4 individual companies and currently sits at #58 in the Zacks Industry Rank. On average, stocks in this group have lost 1.02% this year, meaning that ZBRA is performing better in terms of year-to-date returns.
Investors with an interest in Industrial Products stocks should continue to track ZBRA. 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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