Investors focused on the Industrial Products space have likely heard of ForeScout Technologies , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

ForeScout Technologies is a member of our Industrial Products group, which includes 211 different companies and currently sits at #4 in the Zacks Sector Rank. 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 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. FSCT is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for FSCT's full-year earnings has moved 9.48% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, FSCT has returned 1.35% so far this year. At the same time, Industrial Products stocks have lost an average of 6.60%. This means that ForeScout Technologies is performing better than its sector in terms of year-to-date returns.

Breaking things down more, FSCT is a member of the Security and Safety Services industry, which includes 18 individual companies and currently sits at #102 in the Zacks Industry Rank. On average, this group has lost an average of 25.42% so far this year, meaning that FSCT is performing better in terms of year-to-date returns.

Investors with an interest in Industrial Products stocks should continue to track FSCT. The stock will be looking to continue its solid performance.