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Is CurtissWright (CW) Stock Outpacing Its Aerospace Peers This Year?
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The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Curtiss-Wright (CW - 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question.
Curtiss-Wright is a member of our Aerospace group, which includes 67 different companies and currently sits at #9 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. Curtiss-Wright is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CW's full-year earnings has moved 3.3% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, CW has moved about 30.4% on a year-to-date basis. Meanwhile, the Aerospace sector has returned an average of -4.3% on a year-to-date basis. This shows that Curtiss-Wright is outperforming its peers so far this year.
Another Aerospace stock, which has outperformed the sector so far this year, is Moog (MOG.A - Free Report) . The stock has returned 26.1% year-to-date.
Over the past three months, Moog's consensus EPS estimate for the current year has increased 5.3%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Curtiss-Wright is a member of the Aerospace - Defense Equipment industry, which includes 37 individual companies and currently sits at #144 in the Zacks Industry Rank. On average, stocks in this group have gained 1.3% this year, meaning that CW is performing better in terms of year-to-date returns. Moog is also part of the same industry.
Curtiss-Wright and Moog could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks.
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Is CurtissWright (CW) Stock Outpacing Its Aerospace Peers This Year?
The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Curtiss-Wright (CW - 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question.
Curtiss-Wright is a member of our Aerospace group, which includes 67 different companies and currently sits at #9 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. Curtiss-Wright is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CW's full-year earnings has moved 3.3% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, CW has moved about 30.4% on a year-to-date basis. Meanwhile, the Aerospace sector has returned an average of -4.3% on a year-to-date basis. This shows that Curtiss-Wright is outperforming its peers so far this year.
Another Aerospace stock, which has outperformed the sector so far this year, is Moog (MOG.A - Free Report) . The stock has returned 26.1% year-to-date.
Over the past three months, Moog's consensus EPS estimate for the current year has increased 5.3%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Curtiss-Wright is a member of the Aerospace - Defense Equipment industry, which includes 37 individual companies and currently sits at #144 in the Zacks Industry Rank. On average, stocks in this group have gained 1.3% this year, meaning that CW is performing better in terms of year-to-date returns. Moog is also part of the same industry.
Curtiss-Wright and Moog could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks.