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 Transportation Stocks Lagging Alstom (ALSMY) This Year?
Read MoreHide Full Article
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Alstom ADR (ALSMY - 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.
Alstom ADR is a member of our Transportation group, which includes 122 different companies and currently sits at #10 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 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. Alstom ADR is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ALSMY's full-year earnings has moved 26.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ALSMY has returned 13.4% so far this year. In comparison, Transportation companies have returned an average of -4.7%. This means that Alstom ADR is outperforming the sector as a whole this year.
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 20.2%.
For Okeanis Eco Tankers Corp., the consensus EPS estimate for the current year has increased 36.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Alstom ADR is a member of the Transportation - Rail industry, which includes 9 individual companies and currently sits at #97 in the Zacks Industry Rank. This group has gained an average of 2.4% so far this year, so ALSMY is performing better in this area.
Okeanis Eco Tankers Corp., however, belongs to the Transportation - Shipping industry. Currently, this 38-stock industry is ranked #95. The industry has moved -0.6% so far this year.
Investors interested in the Transportation sector may want to keep a close eye on Alstom ADR and Okeanis Eco Tankers Corp. as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Transportation Stocks Lagging Alstom (ALSMY) This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Alstom ADR (ALSMY - 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.
Alstom ADR is a member of our Transportation group, which includes 122 different companies and currently sits at #10 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 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. Alstom ADR is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ALSMY's full-year earnings has moved 26.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ALSMY has returned 13.4% so far this year. In comparison, Transportation companies have returned an average of -4.7%. This means that Alstom ADR is outperforming the sector as a whole this year.
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 20.2%.
For Okeanis Eco Tankers Corp., the consensus EPS estimate for the current year has increased 36.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Alstom ADR is a member of the Transportation - Rail industry, which includes 9 individual companies and currently sits at #97 in the Zacks Industry Rank. This group has gained an average of 2.4% so far this year, so ALSMY is performing better in this area.
Okeanis Eco Tankers Corp., however, belongs to the Transportation - Shipping industry. Currently, this 38-stock industry is ranked #95. The industry has moved -0.6% so far this year.
Investors interested in the Transportation sector may want to keep a close eye on Alstom ADR and Okeanis Eco Tankers Corp. as they attempt to continue their solid performance.