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 Halma (HLMAF) Stock Outpacing Its Industrial Products Peers This Year?
Read MoreHide Full Article
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Halma (HLMAF - 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.
Halma is one of 187 companies in the Industrial Products group. The Industrial Products group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Halma is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for HLMAF's full-year earnings has moved 3.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, HLMAF has moved about 37.5% on a year-to-date basis. In comparison, Industrial Products companies have returned an average of 3.8%. This means that Halma is outperforming the sector as a whole this year.
Another stock in the Industrial Products sector, Trimble Navigation (TRMB - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 11.9%.
In Trimble Navigation's case, the consensus EPS estimate for the current year increased 3.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Halma belongs to the Security and Safety Services industry, a group that includes 17 individual companies and currently sits at #27 in the Zacks Industry Rank. Stocks in this group have gained about 24.4% so far this year, so HLMAF is performing better this group in terms of year-to-date returns.
In contrast, Trimble Navigation falls under the Manufacturing - General Industrial industry. Currently, this industry has 41 stocks and is ranked #146. Since the beginning of the year, the industry has moved +5.4%.
Investors with an interest in Industrial Products stocks should continue to track Halma and Trimble Navigation. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Halma (HLMAF) Stock Outpacing Its Industrial Products Peers This Year?
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Halma (HLMAF - 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.
Halma is one of 187 companies in the Industrial Products group. The Industrial Products group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Halma is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for HLMAF's full-year earnings has moved 3.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, HLMAF has moved about 37.5% on a year-to-date basis. In comparison, Industrial Products companies have returned an average of 3.8%. This means that Halma is outperforming the sector as a whole this year.
Another stock in the Industrial Products sector, Trimble Navigation (TRMB - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 11.9%.
In Trimble Navigation's case, the consensus EPS estimate for the current year increased 3.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Halma belongs to the Security and Safety Services industry, a group that includes 17 individual companies and currently sits at #27 in the Zacks Industry Rank. Stocks in this group have gained about 24.4% so far this year, so HLMAF is performing better this group in terms of year-to-date returns.
In contrast, Trimble Navigation falls under the Manufacturing - General Industrial industry. Currently, this industry has 41 stocks and is ranked #146. Since the beginning of the year, the industry has moved +5.4%.
Investors with an interest in Industrial Products stocks should continue to track Halma and Trimble Navigation. These stocks will be looking to continue their solid performance.