We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Marten Transport (MRTN) Outperforming Other Transportation Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Marten Transport, Ltd. (MRTN - 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.
Marten Transport, Ltd. is one of 110 individual stocks in the Transportation sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Marten Transport, Ltd. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for MRTN's full-year earnings has moved 22.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, MRTN has gained about 30.9% so far this year. At the same time, Transportation stocks have gained an average of 14.2%. This means that Marten Transport, Ltd. is outperforming the sector as a whole this year.
Norfolk Southern (NSC - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 17.4%.
Over the past three months, Norfolk Southern's consensus EPS estimate for the current year has increased 4.5%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Marten Transport, Ltd. belongs to the Transportation - Truck industry, which includes 12 individual stocks and currently sits at #21 in the Zacks Industry Rank. On average, this group has gained an average of 36% so far this year, meaning that MRTN is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Norfolk Southern belongs to the Transportation - Rail industry. This 9-stock industry is currently ranked #70. The industry has moved +28.7% year to date.
Investors interested in the Transportation sector may want to keep a close eye on Marten Transport, Ltd. and Norfolk Southern as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Marten Transport (MRTN) Outperforming Other Transportation Stocks 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. Marten Transport, Ltd. (MRTN - 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.
Marten Transport, Ltd. is one of 110 individual stocks in the Transportation sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Marten Transport, Ltd. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for MRTN's full-year earnings has moved 22.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, MRTN has gained about 30.9% so far this year. At the same time, Transportation stocks have gained an average of 14.2%. This means that Marten Transport, Ltd. is outperforming the sector as a whole this year.
Norfolk Southern (NSC - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 17.4%.
Over the past three months, Norfolk Southern's consensus EPS estimate for the current year has increased 4.5%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Marten Transport, Ltd. belongs to the Transportation - Truck industry, which includes 12 individual stocks and currently sits at #21 in the Zacks Industry Rank. On average, this group has gained an average of 36% so far this year, meaning that MRTN is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Norfolk Southern belongs to the Transportation - Rail industry. This 9-stock industry is currently ranked #70. The industry has moved +28.7% year to date.
Investors interested in the Transportation sector may want to keep a close eye on Marten Transport, Ltd. and Norfolk Southern as they attempt to continue their solid performance.