The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ARC Document Solutions been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.
ARC Document Solutions is one of 208 companies in the Industrial Products group. The Industrial Products group currently sits at #4 within the Zacks Sector Rank. 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 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. ARC is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ARC's full-year earnings has moved 16.67% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, ARC has moved about 14.90% on a year-to-date basis. At the same time, Industrial Products stocks have lost an average of 2.45%. This shows that ARC Document Solutions is outperforming its peers so far this year.
Looking more specifically, ARC belongs to the Commercial Printing industry, which includes 5 individual stocks and currently sits at #175 in the Zacks Industry Rank. On average, stocks in this group have gained 7.52% this year, meaning that ARC is performing better in terms of year-to-date returns.
ARC will likely be looking to continue its solid performance, so investors interested Industrial Products stocks should continue to pay close attention to the company.