Investors focused on the Transportation space have likely heard of Atlas Air Worldwide Holdings , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of AAWW and the rest of the Transportation group's stocks.
Atlas Air Worldwide Holdings is a member of the Transportation sector. This group includes 136 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. AAWW is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAWW's full-year earnings has moved 23.54% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, AAWW has moved about 34.25% on a year-to-date basis. At the same time, Transportation stocks have gained an average of 8.12%. As we can see, Atlas Air Worldwide Holdings is performing better than its sector in the calendar year.
Breaking things down more, AAWW is a member of the Transportation - Air Freight and Cargo industry, which includes 4 individual companies and currently sits at #91 in the Zacks Industry Rank. On average, this group has gained an average of 10.74% so far this year, meaning that AAWW is performing better in terms of year-to-date returns.
Investors in the Transportation sector will want to keep a close eye on AAWW as it attempts to continue its solid performance.
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Is Atlas Air Worldwide Holdings (AAWW) Stock Outpacing Its Transportation Peers This Year?
Investors focused on the Transportation space have likely heard of Atlas Air Worldwide Holdings , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of AAWW and the rest of the Transportation group's stocks.
Atlas Air Worldwide Holdings is a member of the Transportation sector. This group includes 136 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. AAWW is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAWW's full-year earnings has moved 23.54% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, AAWW has moved about 34.25% on a year-to-date basis. At the same time, Transportation stocks have gained an average of 8.12%. As we can see, Atlas Air Worldwide Holdings is performing better than its sector in the calendar year.
Breaking things down more, AAWW is a member of the Transportation - Air Freight and Cargo industry, which includes 4 individual companies and currently sits at #91 in the Zacks Industry Rank. On average, this group has gained an average of 10.74% so far this year, meaning that AAWW is performing better in terms of year-to-date returns.
Investors in the Transportation sector will want to keep a close eye on AAWW as it attempts to continue its solid performance.