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Has L3 Technologies (LLL) Outpaced Other Aerospace Stocks This Year?

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Investors focused on the Aerospace space have likely heard of L3 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.

L3 Technologies is a member of the Aerospace sector. This group includes 41 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. LLL is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for LLL's full-year earnings has moved 3.63% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, LLL has gained about 7.10% so far this year. At the same time, Aerospace stocks have gained an average of 10.17%. This means that L3 Technologies is performing better than its sector in terms of year-to-date returns.

Looking more specifically, LLL belongs to the Electronics - Military industry, which includes 3 individual stocks and currently sits at #39 in the Zacks Industry Rank. Stocks in this group have gained about 15.81% so far this year, so LLL is slightly underperforming its industry this group in terms of year-to-date returns.

Investors with an interest in Aerospace stocks should continue to track LLL. The stock will be looking to continue its solid performance.