Look for Industrial Products stocks that are outperforming their rivals. Is AptarGroup (ATR) that stock now? We might answer that by comparing the stock's year-to-date performance to its Industrial Products rivals.
AptarGroup is in Industrial Products. This #3 Zacks Sector Rank group has 227 stocks. By evaluating the average Zacks Rank of the companies in our 16 sector categories, the Zacks Sector Rank measures their strength.
A popular stock-picking model, the Zacks Rank emphasizes earnings projections and revisions. The algorithm suggests many equities that might beat the market in one to three months. AptarGroup has a #2
The Zacks Consensus Estimate for ATR's full-year profits has risen 2.4% in 90 days. This indicates rising analyst confidence and a better profit forecast for the company.
The latest statistics shows ATR has returned 13.5% this year. The average gain for Industrial Products stocks is 4.9%. AptarGroup had superior year-to-date returns than its sector.
Others in Industrial Products have outperformed the sector this year, including DISCO CORP (DSCSY). Since January, the stock has returned 26.2%. The current-year average EPS estimate for DISCO CORP has climbed 7.7% over the previous three months. This stock has a Zacks Rank #2 (Buy).
AptarGroup is part of the Containers - Paper & Packaging category, which has 11 stocks and is #94 in the Zacks category Rank. ATR has superior year-to-date results than this category, which has earned 0.9%.
DISCO CORP is in Manufacturing-Material Handling. This 3-stock industry ranks #40. The industry is up 10.7% this year. Industrial Products investors should watch AptarGroup and DISCO CORP as they try to maintain their strong performance.
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