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 Ducommun (DCO) Outperforming Other Aerospace Stocks This Year?
Read MoreHide Full Article
The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Ducommun (DCO - 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? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.
Ducommun is one of 58 individual stocks in the Aerospace sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. 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. Ducommun is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for DCO's full-year earnings has moved 12% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, DCO has returned 35.9% so far this year. At the same time, Aerospace stocks have gained an average of 26.3%. This means that Ducommun is outperforming the sector as a whole this year.
Another Aerospace stock, which has outperformed the sector so far this year, is Airbus Group (EADSY - Free Report) . The stock has returned 33.4% year-to-date.
In Airbus Group's case, the consensus EPS estimate for the current year increased 5.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Ducommun is a member of the Aerospace - Defense Equipment industry, which includes 33 individual companies and currently sits at #73 in the Zacks Industry Rank. On average, this group has gained an average of 26.1% so far this year, meaning that DCO is performing better in terms of year-to-date returns.
In contrast, Airbus Group falls under the Aerospace - Defense industry. Currently, this industry has 24 stocks and is ranked #87. Since the beginning of the year, the industry has moved +26.4%.
Going forward, investors interested in Aerospace stocks should continue to pay close attention to Ducommun and Airbus Group as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Ducommun (DCO) Outperforming Other Aerospace Stocks This Year?
The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Ducommun (DCO - 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? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.
Ducommun is one of 58 individual stocks in the Aerospace sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. 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. Ducommun is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for DCO's full-year earnings has moved 12% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, DCO has returned 35.9% so far this year. At the same time, Aerospace stocks have gained an average of 26.3%. This means that Ducommun is outperforming the sector as a whole this year.
Another Aerospace stock, which has outperformed the sector so far this year, is Airbus Group (EADSY - Free Report) . The stock has returned 33.4% year-to-date.
In Airbus Group's case, the consensus EPS estimate for the current year increased 5.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Ducommun is a member of the Aerospace - Defense Equipment industry, which includes 33 individual companies and currently sits at #73 in the Zacks Industry Rank. On average, this group has gained an average of 26.1% so far this year, meaning that DCO is performing better in terms of year-to-date returns.
In contrast, Airbus Group falls under the Aerospace - Defense industry. Currently, this industry has 24 stocks and is ranked #87. Since the beginning of the year, the industry has moved +26.4%.
Going forward, investors interested in Aerospace stocks should continue to pay close attention to Ducommun and Airbus Group as they could maintain their solid performance.