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Is ADT (ADT) Stock Outpacing Its Industrial Products Peers This Year?

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Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is ADT (ADT - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.

ADT is a member of our Industrial Products group, which includes 187 different companies and currently sits at #11 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ADT is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for ADT's full-year earnings has moved 1.2% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that ADT has returned about 17.2% since the start of the calendar year. Meanwhile, stocks in the Industrial Products group have gained about 9.4% on average. This means that ADT is outperforming the sector as a whole this year.

Another Industrial Products stock, which has outperformed the sector so far this year, is Helios Technologies (HLIO - Free Report) . The stock has returned 26.2% year-to-date.

For Helios Technologies, the consensus EPS estimate for the current year has increased 2.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, ADT belongs to the Security and Safety Services industry, a group that includes 17 individual companies and currently sits at #44 in the Zacks Industry Rank. Stocks in this group have gained about 18.1% so far this year, so ADT is slightly underperforming its industry this group in terms of year-to-date returns.

On the other hand, Helios Technologies belongs to the Manufacturing - General Industrial industry. This 41-stock industry is currently ranked #169. The industry has moved +10.1% year to date.

Going forward, investors interested in Industrial Products stocks should continue to pay close attention to ADT and Helios Technologies as they could maintain their solid performance.


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