We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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 Lindsay (LNN) Stock Outpacing Its Industrial Products Peers This Year?
Read MoreHide Full Article
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Lindsay (LNN - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Lindsay is a member of the Industrial Products sector. This group includes 200 individual stocks and currently holds a Zacks Sector Rank of #13. 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. Lindsay is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for LNN's full-year earnings has moved 6.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that LNN has returned about 9.3% since the start of the calendar year. Meanwhile, stocks in the Industrial Products group have lost about 4.5% on average. This means that Lindsay is performing better than its sector in terms of year-to-date returns.
Another Industrial Products stock, which has outperformed the sector so far this year, is Middleby (MIDD - Free Report) . The stock has returned 13.3% year-to-date.
For Middleby, the consensus EPS estimate for the current year has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Lindsay is a member of the Manufacturing - Farm Equipment industry, which includes 7 individual companies and currently sits at #84 in the Zacks Industry Rank. On average, this group has gained an average of 12.9% so far this year, meaning that LNN is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Middleby belongs to the Manufacturing - General Industrial industry. This 39-stock industry is currently ranked #152. The industry has moved -4.5% year to date.
Lindsay and Middleby could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Lindsay (LNN) Stock Outpacing Its Industrial Products Peers This Year?
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Lindsay (LNN - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Lindsay is a member of the Industrial Products sector. This group includes 200 individual stocks and currently holds a Zacks Sector Rank of #13. 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. Lindsay is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for LNN's full-year earnings has moved 6.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that LNN has returned about 9.3% since the start of the calendar year. Meanwhile, stocks in the Industrial Products group have lost about 4.5% on average. This means that Lindsay is performing better than its sector in terms of year-to-date returns.
Another Industrial Products stock, which has outperformed the sector so far this year, is Middleby (MIDD - Free Report) . The stock has returned 13.3% year-to-date.
For Middleby, the consensus EPS estimate for the current year has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Lindsay is a member of the Manufacturing - Farm Equipment industry, which includes 7 individual companies and currently sits at #84 in the Zacks Industry Rank. On average, this group has gained an average of 12.9% so far this year, meaning that LNN is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Middleby belongs to the Manufacturing - General Industrial industry. This 39-stock industry is currently ranked #152. The industry has moved -4.5% year to date.
Lindsay and Middleby could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks.