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Is Crawford & Company (CRD.B) Stock Outpacing Its Construction Peers This Year?

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Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Crawford & Company B (CRD.B - 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? Let's take a closer look at the stock's year-to-date performance to find out.

Crawford & Company B is a member of the Construction sector. This group includes 92 individual stocks and currently holds a Zacks Sector Rank of #9. 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. Crawford & Company B is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for CRD.B's full-year earnings has moved 14.9% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, CRD.B has moved about 11.6% on a year-to-date basis. In comparison, Construction companies have returned an average of 2.5%. This shows that Crawford & Company B is outperforming its peers so far this year.

Another Construction stock, which has outperformed the sector so far this year, is Everus Construction Group, Inc. (ECG - Free Report) . The stock has returned 34.6% year-to-date.

In Everus Construction Group, Inc.'s case, the consensus EPS estimate for the current year increased 19.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, Crawford & Company B is a member of the Building Products - Miscellaneous industry, which includes 34 individual companies and currently sits at #162 in the Zacks Industry Rank. This group has lost an average of 2.2% so far this year, so CRD.B is performing better in this area. Everus Construction Group, Inc. is also part of the same industry.

Investors with an interest in Construction stocks should continue to track Crawford & Company B and Everus Construction Group, Inc.. These stocks will be looking to continue their solid performance.

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