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Is Central Japan Railway Co. (CJPRY) Stock Outpacing Its Transportation Peers This Year?
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For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Central Japan Railway Co. (CJPRY - 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 Transportation peers, we might be able to answer that question.
Central Japan Railway Co. is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #15 in 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 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. Central Japan Railway Co. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CJPRY's full-year earnings has moved 1.2% 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, CJPRY has gained about 48.6% so far this year. At the same time, Transportation stocks have lost an average of 0.2%. This means that Central Japan Railway Co. is outperforming the sector as a whole this year.
Another Transportation stock, which has outperformed the sector so far this year, is Pony AI Inc. - Sponsored ADR (PONY - Free Report) . The stock has returned 1.7% year-to-date.
For Pony AI Inc. - Sponsored ADR, the consensus EPS estimate for the current year has increased 86% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Central Japan Railway Co. belongs to the Transportation - Rail industry, which includes 9 individual stocks and currently sits at #175 in the Zacks Industry Rank. This group has gained an average of 6.7% so far this year, so CJPRY is performing better in this area.
On the other hand, Pony AI Inc. - Sponsored ADR belongs to the Transportation - Equipment and Leasing industry. This 10-stock industry is currently ranked #182. The industry has moved +12% year to date.
Investors with an interest in Transportation stocks should continue to track Central Japan Railway Co. and Pony AI Inc. - Sponsored ADR. These stocks will be looking to continue their solid performance.
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Is Central Japan Railway Co. (CJPRY) Stock Outpacing Its Transportation Peers This Year?
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Central Japan Railway Co. (CJPRY - 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 Transportation peers, we might be able to answer that question.
Central Japan Railway Co. is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #15 in 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 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. Central Japan Railway Co. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CJPRY's full-year earnings has moved 1.2% 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, CJPRY has gained about 48.6% so far this year. At the same time, Transportation stocks have lost an average of 0.2%. This means that Central Japan Railway Co. is outperforming the sector as a whole this year.
Another Transportation stock, which has outperformed the sector so far this year, is Pony AI Inc. - Sponsored ADR (PONY - Free Report) . The stock has returned 1.7% year-to-date.
For Pony AI Inc. - Sponsored ADR, the consensus EPS estimate for the current year has increased 86% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Central Japan Railway Co. belongs to the Transportation - Rail industry, which includes 9 individual stocks and currently sits at #175 in the Zacks Industry Rank. This group has gained an average of 6.7% so far this year, so CJPRY is performing better in this area.
On the other hand, Pony AI Inc. - Sponsored ADR belongs to the Transportation - Equipment and Leasing industry. This 10-stock industry is currently ranked #182. The industry has moved +12% year to date.
Investors with an interest in Transportation stocks should continue to track Central Japan Railway Co. and Pony AI Inc. - Sponsored ADR. These stocks will be looking to continue their solid performance.