Back to top

Image: Bigstock

Are Transportation Stocks Lagging C.H. Robinson Worldwide (CHRW) This Year?

Read MoreHide Full Article

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Is C.H. Robinson Worldwide (CHRW - Free Report) 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.

C.H. Robinson Worldwide is a member of our Transportation group, which includes 143 different companies and currently sits at #2 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. C.H. Robinson Worldwide is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for CHRW's full-year earnings has moved 16.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, CHRW has moved about 9% on a year-to-date basis. In comparison, Transportation companies have returned an average of -5.4%. This shows that C.H. Robinson Worldwide is outperforming its peers so far this year.

Another Transportation stock, which has outperformed the sector so far this year, is Canadian National (CNI - Free Report) . The stock has returned 4.4% year-to-date.

The consensus estimate for Canadian National's current year EPS has increased 3.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, C.H. Robinson Worldwide is a member of the Transportation - Services industry, which includes 28 individual companies and currently sits at #42 in the Zacks Industry Rank. On average, stocks in this group have lost 5.4% this year, meaning that CHRW is performing better in terms of year-to-date returns.

On the other hand, Canadian National belongs to the Transportation - Rail industry. This 10-stock industry is currently ranked #64. The industry has moved -2% year to date.

Investors with an interest in Transportation stocks should continue to track C.H. Robinson Worldwide and Canadian National. These stocks will be looking to continue their solid performance.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Canadian National Railway Company (CNI) - free report >>

C.H. Robinson Worldwide, Inc. (CHRW) - free report >>

Published in