Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Sunworks been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Sunworks is a member of the Oils-Energy sector. This group includes 312 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. SUNW is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for SUNW's full-year earnings has moved 120% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, SUNW has moved about 186.26% on a year-to-date basis. At the same time, Oils-Energy stocks have gained an average of 15.53%. This shows that Sunworks is outperforming its peers so far this year.
Looking more specifically, SUNW belongs to the Solar industry, which includes 12 individual stocks and currently sits at #82 in the Zacks Industry Rank. On average, this group has gained an average of 37.64% so far this year, meaning that SUNW is performing better in terms of year-to-date returns.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to SUNW as it looks 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 interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Sunworks been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Sunworks is a member of the Oils-Energy sector. This group includes 312 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. SUNW is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for SUNW's full-year earnings has moved 120% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, SUNW has moved about 186.26% on a year-to-date basis. At the same time, Oils-Energy stocks have gained an average of 15.53%. This shows that Sunworks is outperforming its peers so far this year.
Looking more specifically, SUNW belongs to the Solar industry, which includes 12 individual stocks and currently sits at #82 in the Zacks Industry Rank. On average, this group has gained an average of 37.64% so far this year, meaning that SUNW is performing better in terms of year-to-date returns.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to SUNW as it looks 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 >>