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Are Transportation Stocks Lagging Air France-KLM (AFLYY) This Year?

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Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Has Air France-KLM SA (AFLYY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Air France-KLM SA is a member of the Transportation sector. This group includes 125 individual stocks and currently holds a Zacks Sector Rank of #16. 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. Air France-KLM SA is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for AFLYY's full-year earnings has moved 9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, AFLYY has returned 1.5% so far this year. Meanwhile, stocks in the Transportation group have lost about 14.2% on average. This means that Air France-KLM SA is performing better than its sector in terms of year-to-date returns.

Okeanis Eco Tankers Corp. (ECO - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 1.2%.

For Okeanis Eco Tankers Corp. the consensus EPS estimate for the current year has increased 10.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Air France-KLM SA belongs to the Transportation - Airline industry, which includes 29 individual stocks and currently sits at #185 in the Zacks Industry Rank. This group has lost an average of 21.7% so far this year, so AFLYY is performing better in this area.

Okeanis Eco Tankers Corp. however, belongs to the Transportation - Shipping industry. Currently, this 36-stock industry is ranked #176. The industry has moved -14.5% so far this year.

Investors interested in the Transportation sector may want to keep a close eye on Air France-KLM SA and Okeanis Eco Tankers Corp. as they attempt to continue their solid performance.


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