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Is Lear (LEA) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
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Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Is Lear (LEA - 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 Auto-Tires-Trucks sector should help us answer this question.
Lear is a member of the Auto-Tires-Trucks sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #13. 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. Lear is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LEA's full-year earnings has moved 4.4% 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, LEA has gained about 25.3% so far this year. In comparison, Auto-Tires-Trucks companies have returned an average of -21.6%. This means that Lear is performing better than its sector in terms of year-to-date returns.
Visteon (VC - Free Report) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 9.1%.
In Visteon's case, the consensus EPS estimate for the current year increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Lear is a member of the Automotive - Original Equipment industry, which includes 52 individual companies and currently sits at #151 in the Zacks Industry Rank. This group has gained an average of 0.4% so far this year, so LEA is performing better in this area. Visteon is also part of the same industry.
Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Lear and Visteon as they attempt to continue their solid performance.
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Is Lear (LEA) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Is Lear (LEA - 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 Auto-Tires-Trucks sector should help us answer this question.
Lear is a member of the Auto-Tires-Trucks sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #13. 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. Lear is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LEA's full-year earnings has moved 4.4% 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, LEA has gained about 25.3% so far this year. In comparison, Auto-Tires-Trucks companies have returned an average of -21.6%. This means that Lear is performing better than its sector in terms of year-to-date returns.
Visteon (VC - Free Report) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 9.1%.
In Visteon's case, the consensus EPS estimate for the current year increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Lear is a member of the Automotive - Original Equipment industry, which includes 52 individual companies and currently sits at #151 in the Zacks Industry Rank. This group has gained an average of 0.4% so far this year, so LEA is performing better in this area. Visteon is also part of the same industry.
Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Lear and Visteon as they attempt to continue their solid performance.