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Are Auto-Tires-Trucks Stocks Lagging Blue Bird (BLBD) This Year?
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For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Blue Bird (BLBD - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.
Blue Bird is one of 99 individual stocks in the Auto-Tires-Trucks sector. Collectively, these companies sit at #7 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Blue Bird is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for BLBD's full-year earnings has moved 4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, BLBD has returned 39.2% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of 7.6% on a year-to-date basis. This means that Blue Bird is performing better than its sector in terms of year-to-date returns.
Byd Co., Ltd. (BYDDY - Free Report) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 27.1%.
The consensus estimate for Byd Co., Ltd.'s current year EPS has increased 9.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Blue Bird belongs to the Automotive - Domestic industry, a group that includes 14 individual companies and currently sits at #144 in the Zacks Industry Rank. Stocks in this group have gained about 7.1% so far this year, so BLBD is performing better this group in terms of year-to-date returns.
Byd Co., Ltd., however, belongs to the Automotive - Foreign industry. Currently, this 24-stock industry is ranked #177. The industry has moved +2.5% so far this year.
Investors with an interest in Auto-Tires-Trucks stocks should continue to track Blue Bird and Byd Co., Ltd.. These stocks will be looking to continue their solid performance.
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Are Auto-Tires-Trucks Stocks Lagging Blue Bird (BLBD) This Year?
For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Blue Bird (BLBD - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.
Blue Bird is one of 99 individual stocks in the Auto-Tires-Trucks sector. Collectively, these companies sit at #7 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Blue Bird is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for BLBD's full-year earnings has moved 4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, BLBD has returned 39.2% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of 7.6% on a year-to-date basis. This means that Blue Bird is performing better than its sector in terms of year-to-date returns.
Byd Co., Ltd. (BYDDY - Free Report) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 27.1%.
The consensus estimate for Byd Co., Ltd.'s current year EPS has increased 9.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Blue Bird belongs to the Automotive - Domestic industry, a group that includes 14 individual companies and currently sits at #144 in the Zacks Industry Rank. Stocks in this group have gained about 7.1% so far this year, so BLBD is performing better this group in terms of year-to-date returns.
Byd Co., Ltd., however, belongs to the Automotive - Foreign industry. Currently, this 24-stock industry is ranked #177. The industry has moved +2.5% so far this year.
Investors with an interest in Auto-Tires-Trucks stocks should continue to track Blue Bird and Byd Co., Ltd.. These stocks will be looking to continue their solid performance.