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Is Kuehne & Nagel International (KHNGY) 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. 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? Let's take a closer look at the stock's year-to-date performance to find out.
Kuehne & Nagel International Ag is one of 114 individual stocks in the Transportation sector. Collectively, these companies sit at #11 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Kuehne & Nagel International Ag is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for KHNGY's full-year earnings has moved 5.4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, KHNGY has returned 32% so far this year. At the same time, Transportation stocks have gained an average of 10.7%. As we can see, Kuehne & Nagel International Ag is performing better than its sector in the calendar year.
Another stock in the Transportation sector, Pacific Basin Shipping Ltd. (PCFBY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 58.1%.
For Pacific Basin Shipping Ltd., the consensus EPS estimate for the current year has increased 58.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Kuehne & Nagel International Ag belongs to the Transportation - Services industry, which includes 21 individual stocks and currently sits at #182 in the Zacks Industry Rank. Stocks in this group have lost about 5.9% so far this year, so KHNGY is performing better this group in terms of year-to-date returns.
Pacific Basin Shipping Ltd., however, belongs to the Transportation - Shipping industry. Currently, this 29-stock industry is ranked #44. The industry has moved +75.5% so far this year.
Kuehne & Nagel International Ag and Pacific Basin Shipping Ltd. 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) 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. 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? Let's take a closer look at the stock's year-to-date performance to find out.
Kuehne & Nagel International Ag is one of 114 individual stocks in the Transportation sector. Collectively, these companies sit at #11 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Kuehne & Nagel International Ag is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for KHNGY's full-year earnings has moved 5.4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, KHNGY has returned 32% so far this year. At the same time, Transportation stocks have gained an average of 10.7%. As we can see, Kuehne & Nagel International Ag is performing better than its sector in the calendar year.
Another stock in the Transportation sector, Pacific Basin Shipping Ltd. (PCFBY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 58.1%.
For Pacific Basin Shipping Ltd., the consensus EPS estimate for the current year has increased 58.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Kuehne & Nagel International Ag belongs to the Transportation - Services industry, which includes 21 individual stocks and currently sits at #182 in the Zacks Industry Rank. Stocks in this group have lost about 5.9% so far this year, so KHNGY is performing better this group in terms of year-to-date returns.
Pacific Basin Shipping Ltd., however, belongs to the Transportation - Shipping industry. Currently, this 29-stock industry is ranked #44. The industry has moved +75.5% so far this year.
Kuehne & Nagel International Ag and Pacific Basin Shipping Ltd. could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.