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Are Transportation Stocks Lagging Central Japan Railway Co. (CJPRY) 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. Is Central Japan Railway Co. (CJPRY - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.
Central Japan Railway Co. is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #6 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 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. 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.
Our latest available data shows that CJPRY has returned about 48.3% since the start of the calendar year. In comparison, Transportation companies have returned an average of 2.7%. As we can see, Central Japan Railway Co. is performing better than its sector in the calendar year.
Another stock in the Transportation sector, DHL Group Sponsored ADR (DHLGY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 57.2%.
For DHL Group Sponsored ADR, the consensus EPS estimate for the current year has increased 6.9% 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, a group that includes 9 individual stocks and currently sits at #195 in the Zacks Industry Rank. This group has gained an average of 6.3% so far this year, so CJPRY is performing better in this area.
In contrast, DHL Group Sponsored ADR falls under the Transportation - Services industry. Currently, this industry has 22 stocks and is ranked #165. Since the beginning of the year, the industry has moved +6%.
Investors with an interest in Transportation stocks should continue to track Central Japan Railway Co. and DHL Group Sponsored ADR. These stocks will be looking to continue their solid performance.
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Are Transportation Stocks Lagging Central Japan Railway Co. (CJPRY) 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. Is Central Japan Railway Co. (CJPRY - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.
Central Japan Railway Co. is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #6 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 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. 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.
Our latest available data shows that CJPRY has returned about 48.3% since the start of the calendar year. In comparison, Transportation companies have returned an average of 2.7%. As we can see, Central Japan Railway Co. is performing better than its sector in the calendar year.
Another stock in the Transportation sector, DHL Group Sponsored ADR (DHLGY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 57.2%.
For DHL Group Sponsored ADR, the consensus EPS estimate for the current year has increased 6.9% 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, a group that includes 9 individual stocks and currently sits at #195 in the Zacks Industry Rank. This group has gained an average of 6.3% so far this year, so CJPRY is performing better in this area.
In contrast, DHL Group Sponsored ADR falls under the Transportation - Services industry. Currently, this industry has 22 stocks and is ranked #165. Since the beginning of the year, the industry has moved +6%.
Investors with an interest in Transportation stocks should continue to track Central Japan Railway Co. and DHL Group Sponsored ADR. These stocks will be looking to continue their solid performance.