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Is Kuehne & Nagel International (KHNGY) Outperforming Other Transportation Stocks This Year?
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Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Kuehne & Nagel International Ag (KHNGY - 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 Transportation sector should help us answer this question.
Kuehne & Nagel International Ag is one of 114 companies in the Transportation group. The Transportation group currently sits at #11 within 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 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. Kuehne & Nagel International Ag is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KHNGY's full-year earnings has moved 1.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that KHNGY has returned about 24.9% since the start of the calendar year. In comparison, Transportation companies have returned an average of 6.2%. This means that Kuehne & Nagel International Ag is outperforming the sector as a whole this year.
Another Transportation stock, which has outperformed the sector so far this year, is Westinghouse Air Brake Technologies (WAB - Free Report) . The stock has returned 34.2% year-to-date.
Over the past three months, Westinghouse Air Brake Technologies' consensus EPS estimate for the current year has increased 2.3%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Kuehne & Nagel International Ag belongs to the Transportation - Services industry, a group that includes 21 individual stocks and currently sits at #187 in the Zacks Industry Rank. This group has lost an average of 7.6% so far this year, so KHNGY is performing better in this area.
In contrast, Westinghouse Air Brake Technologies falls under the Transportation - Equipment and Leasing industry. Currently, this industry has 11 stocks and is ranked #23. Since the beginning of the year, the industry has moved +3.5%.
Kuehne & Nagel International Ag and Westinghouse Air Brake Technologies 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 Kuehne & Nagel International (KHNGY) Outperforming Other Transportation Stocks This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Kuehne & Nagel International Ag (KHNGY - 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 Transportation sector should help us answer this question.
Kuehne & Nagel International Ag is one of 114 companies in the Transportation group. The Transportation group currently sits at #11 within 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 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. Kuehne & Nagel International Ag is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KHNGY's full-year earnings has moved 1.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that KHNGY has returned about 24.9% since the start of the calendar year. In comparison, Transportation companies have returned an average of 6.2%. This means that Kuehne & Nagel International Ag is outperforming the sector as a whole this year.
Another Transportation stock, which has outperformed the sector so far this year, is Westinghouse Air Brake Technologies (WAB - Free Report) . The stock has returned 34.2% year-to-date.
Over the past three months, Westinghouse Air Brake Technologies' consensus EPS estimate for the current year has increased 2.3%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Kuehne & Nagel International Ag belongs to the Transportation - Services industry, a group that includes 21 individual stocks and currently sits at #187 in the Zacks Industry Rank. This group has lost an average of 7.6% so far this year, so KHNGY is performing better in this area.
In contrast, Westinghouse Air Brake Technologies falls under the Transportation - Equipment and Leasing industry. Currently, this industry has 11 stocks and is ranked #23. Since the beginning of the year, the industry has moved +3.5%.
Kuehne & Nagel International Ag and Westinghouse Air Brake Technologies could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.