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.
Are Aerospace Stocks Lagging CurtissWright (CW) This Year?
Read MoreHide Full Article
Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Curtiss-Wright (CW - 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.
Curtiss-Wright is a member of the Aerospace sector. This group includes 54 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. Curtiss-Wright is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CW's full-year earnings has moved 3.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, CW has gained about 34.1% so far this year. Meanwhile, the Aerospace sector has returned an average of 20.6% on a year-to-date basis. As we can see, Curtiss-Wright is performing better than its sector in the calendar year.
Another Aerospace stock, which has outperformed the sector so far this year, is Huntington Ingalls (HII - Free Report) . The stock has returned 25.5% year-to-date.
For Huntington Ingalls, the consensus EPS estimate for the current year has increased 3.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Curtiss-Wright is a member of the Aerospace - Defense Equipment industry, which includes 27 individual companies and currently sits at #53 in the Zacks Industry Rank. On average, this group has gained an average of 22% so far this year, meaning that CW is performing better in terms of year-to-date returns.
On the other hand, Huntington Ingalls belongs to the Aerospace - Defense industry. This 26-stock industry is currently ranked #40. The industry has moved +20.1% year to date.
Curtiss-Wright and Huntington Ingalls could continue their solid performance, so investors interested in Aerospace 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
Are Aerospace Stocks Lagging CurtissWright (CW) This Year?
Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Curtiss-Wright (CW - 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.
Curtiss-Wright is a member of the Aerospace sector. This group includes 54 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. Curtiss-Wright is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CW's full-year earnings has moved 3.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, CW has gained about 34.1% so far this year. Meanwhile, the Aerospace sector has returned an average of 20.6% on a year-to-date basis. As we can see, Curtiss-Wright is performing better than its sector in the calendar year.
Another Aerospace stock, which has outperformed the sector so far this year, is Huntington Ingalls (HII - Free Report) . The stock has returned 25.5% year-to-date.
For Huntington Ingalls, the consensus EPS estimate for the current year has increased 3.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Curtiss-Wright is a member of the Aerospace - Defense Equipment industry, which includes 27 individual companies and currently sits at #53 in the Zacks Industry Rank. On average, this group has gained an average of 22% so far this year, meaning that CW is performing better in terms of year-to-date returns.
On the other hand, Huntington Ingalls belongs to the Aerospace - Defense industry. This 26-stock industry is currently ranked #40. The industry has moved +20.1% year to date.
Curtiss-Wright and Huntington Ingalls could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks.