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Is Nippon Yusen Kabushiki Kaisha (NPNYY) Stock Outpacing Its Transportation Peers This Year?
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The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Nippon Yusen Kabushiki Kaisha (NPNYY - 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.
Nippon Yusen Kabushiki Kaisha is a member of the Transportation sector. This group includes 110 individual stocks and currently holds a Zacks Sector Rank of #2. 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. Nippon Yusen Kabushiki Kaisha is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for NPNYY's full-year earnings has moved 25.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, NPNYY has moved about 41.5% on a year-to-date basis. Meanwhile, stocks in the Transportation group have gained about 14.3% on average. This shows that Nippon Yusen Kabushiki Kaisha is outperforming its peers so far this year.
One other Transportation stock that has outperformed the sector so far this year is Schneider National (SNDR - Free Report) . The stock is up 31.3% year-to-date.
The consensus estimate for Schneider National's current year EPS has increased 15.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Nippon Yusen Kabushiki Kaisha belongs to the Transportation - Shipping industry, which includes 28 individual stocks and currently sits at #42 in the Zacks Industry Rank. Stocks in this group have gained about 57.7% so far this year, so NPNYY is slightly underperforming its industry this group in terms of year-to-date returns.
In contrast, Schneider National falls under the Transportation - Services industry. Currently, this industry has 20 stocks and is ranked #97. Since the beginning of the year, the industry has moved +2.1%.
Nippon Yusen Kabushiki Kaisha and Schneider National could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.
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Is Nippon Yusen Kabushiki Kaisha (NPNYY) Stock Outpacing Its Transportation Peers This Year?
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Nippon Yusen Kabushiki Kaisha (NPNYY - 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.
Nippon Yusen Kabushiki Kaisha is a member of the Transportation sector. This group includes 110 individual stocks and currently holds a Zacks Sector Rank of #2. 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. Nippon Yusen Kabushiki Kaisha is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for NPNYY's full-year earnings has moved 25.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, NPNYY has moved about 41.5% on a year-to-date basis. Meanwhile, stocks in the Transportation group have gained about 14.3% on average. This shows that Nippon Yusen Kabushiki Kaisha is outperforming its peers so far this year.
One other Transportation stock that has outperformed the sector so far this year is Schneider National (SNDR - Free Report) . The stock is up 31.3% year-to-date.
The consensus estimate for Schneider National's current year EPS has increased 15.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Nippon Yusen Kabushiki Kaisha belongs to the Transportation - Shipping industry, which includes 28 individual stocks and currently sits at #42 in the Zacks Industry Rank. Stocks in this group have gained about 57.7% so far this year, so NPNYY is slightly underperforming its industry this group in terms of year-to-date returns.
In contrast, Schneider National falls under the Transportation - Services industry. Currently, this industry has 20 stocks and is ranked #97. Since the beginning of the year, the industry has moved +2.1%.
Nippon Yusen Kabushiki Kaisha and Schneider National could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.