Is Ardmore Shipping (ASC) Stock Outpacing Its Transportation Peers This Year?

Company Performance - Ardmore Shipping (ASC) has gained approximately 51.2% year-to-date, significantly outperforming the Transportation group, which has lost about 2.9% on average [2][3]. - The Zacks Consensus Estimate for ASC's full-year earnings has increased by 21% over the past quarter, indicating a positive trend in analyst sentiment [2]. - C.H. Robinson Worldwide (CHRW) has also outperformed the sector with a year-to-date return of 4.9% [2]. Industry Ranking - Ardmore Shipping is part of the Transportation - Shipping industry, which includes 43 stocks and currently ranks 47 in the Zacks Industry Rank. This industry has seen an average gain of 29.5% year-to-date [3]. - C.H. Robinson Worldwide belongs to the Transportation - Services industry, which consists of 27 stocks and is currently ranked 184, with a year-to-date decline of 8.7% [3]. Zacks Rank - Ardmore Shipping holds a Zacks Rank of 1 (Strong Buy), reflecting its strong potential for outperforming the market [2]. - C.H. Robinson Worldwide has a Zacks Rank of 2 (Buy), indicating a favorable outlook as well [3].