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? One simple way to answer this question is to take a look at the year-to-date performance of LLL and the rest of the Aerospace group's stocks.
L3 Technologies is one of 37 individual stocks in the Aerospace sector. Collectively, these companies sit at #1 in 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 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. LLL is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LLL's full-year earnings has moved 6.89% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, LLL has gained about 11.28% so far this year. Meanwhile, stocks in the Aerospace group have gained about 11.12% on average. 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 #16 in the Zacks Industry Rank. Stocks in this group have gained about 15.91% so far this year, so LLL is slightly underperforming its industry this group in terms of year-to-date returns.
LLL will likely be looking to continue its solid performance, so investors interested Aerospace stocks should continue to pay close attention to the company.
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Is L3 Technologies (LLL) Stock Outpacing Its Aerospace Peers This Year?
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? One simple way to answer this question is to take a look at the year-to-date performance of LLL and the rest of the Aerospace group's stocks.
L3 Technologies is one of 37 individual stocks in the Aerospace sector. Collectively, these companies sit at #1 in 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 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. LLL is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LLL's full-year earnings has moved 6.89% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, LLL has gained about 11.28% so far this year. Meanwhile, stocks in the Aerospace group have gained about 11.12% on average. 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 #16 in the Zacks Industry Rank. Stocks in this group have gained about 15.91% so far this year, so LLL is slightly underperforming its industry this group in terms of year-to-date returns.
LLL will likely be looking to continue its solid performance, so investors interested Aerospace stocks should continue to pay close attention to the company.