We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Dynagas LNG Partners (DLNG) Outperforming Other Transportation Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Dynagas LNG Partners (DLNG - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of DLNG and the rest of the Transportation group's stocks.
Dynagas LNG Partners is one of 141 individual stocks in the Transportation sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. 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 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. DLNG is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for DLNG's full-year earnings has moved 22.97% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DLNG has returned about 9.45% since the start of the calendar year. In comparison, Transportation companies have returned an average of 0.96%. This means that Dynagas LNG Partners is outperforming the sector as a whole this year.
Breaking things down more, DLNG is a member of the Transportation - Services industry, which includes 31 individual companies and currently sits at #102 in the Zacks Industry Rank. This group has gained an average of 2.85% so far this year, so DLNG is performing better in this area.
DLNG will likely be looking to continue its solid performance, so investors interested in Transportation stocks should continue to pay close attention to the company.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Dynagas LNG Partners (DLNG) Outperforming Other Transportation Stocks This Year?
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Dynagas LNG Partners (DLNG - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of DLNG and the rest of the Transportation group's stocks.
Dynagas LNG Partners is one of 141 individual stocks in the Transportation sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. 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 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. DLNG is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for DLNG's full-year earnings has moved 22.97% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DLNG has returned about 9.45% since the start of the calendar year. In comparison, Transportation companies have returned an average of 0.96%. This means that Dynagas LNG Partners is outperforming the sector as a whole this year.
Breaking things down more, DLNG is a member of the Transportation - Services industry, which includes 31 individual companies and currently sits at #102 in the Zacks Industry Rank. This group has gained an average of 2.85% so far this year, so DLNG is performing better in this area.
DLNG will likely be looking to continue its solid performance, so investors interested in Transportation stocks should continue to pay close attention to the company.