The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Atlas Air Worldwide Holdings one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.
Atlas Air Worldwide Holdings is a member of the Transportation sector. This group includes 143 individual stocks and currently holds a Zacks Sector Rank of #14. 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 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. AAWW is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAWW's full-year earnings has moved 27.16% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that AAWW has returned about 44.90% since the start of the calendar year. In comparison, Transportation companies have returned an average of -13.53%. This means that Atlas Air Worldwide Holdings is performing better than its sector in terms of year-to-date returns.
Looking more specifically, AAWW belongs to the Transportation - Air Freight and Cargo industry, a group that includes 5 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, stocks in this group have gained 0.83% this year, meaning that AAWW is performing better in terms of year-to-date returns.
Investors with an interest in Transportation stocks should continue to track AAWW. 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 Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Atlas Air Worldwide Holdings one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.
Atlas Air Worldwide Holdings is a member of the Transportation sector. This group includes 143 individual stocks and currently holds a Zacks Sector Rank of #14. 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 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. AAWW is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAWW's full-year earnings has moved 27.16% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that AAWW has returned about 44.90% since the start of the calendar year. In comparison, Transportation companies have returned an average of -13.53%. This means that Atlas Air Worldwide Holdings is performing better than its sector in terms of year-to-date returns.
Looking more specifically, AAWW belongs to the Transportation - Air Freight and Cargo industry, a group that includes 5 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, stocks in this group have gained 0.83% this year, meaning that AAWW is performing better in terms of year-to-date returns.
Investors with an interest in Transportation stocks should continue to track AAWW. 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 >>