Is Advanced Emissions Solutions (ADES) Stock Outpacing Its Industrial Products Peers This Year?

Investors focused on the Industrial Products space have likely heard of Advanced Emissions Solutions , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Advanced Emissions Solutions is one of 215 individual stocks in the Industrial Products sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. 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. ADES is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for ADES's full-year earnings has moved 35.60% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that ADES has returned about 18.67% since the start of the calendar year. At the same time, Industrial Products stocks have gained an average of 18.15%. This means that Advanced Emissions Solutions is outperforming the sector as a whole this year.

Breaking things down more, ADES is a member of the Pollution Control industry, which includes 14 individual companies and currently sits at #10 in the Zacks Industry Rank. On average, stocks in this group have gained 19.96% this year, meaning that ADES is slightly underperforming its industry in terms of year-to-date returns.

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

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