Are Transportation Stocks Lagging Despegar.com (DESP) This Year?

Company Performance - Despegar.com (DESP) has gained approximately 29.1% year-to-date, outperforming the average loss of 4.9% in the Transportation sector [4] - The Zacks Consensus Estimate for DESP's full-year earnings has increased by 12.1% over the past three months, indicating improved analyst sentiment and a more positive earnings outlook [3] Industry Context - Despegar.com is part of the Transportation - Services industry, which consists of 27 companies and currently ranks 172 in the Zacks Industry Rank. This industry has experienced an average loss of 9.4% year-to-date, further highlighting DESP's strong performance [5] - In comparison, SkyWest (SKYW), another Transportation stock, has returned 59.3% year-to-date and belongs to the Transportation - Airline industry, which is ranked 230 and has moved up by 8.3% year-to-date [4][6] Zacks Rank - Despegar.com holds a Zacks Rank of 1 (Strong Buy), suggesting it has favorable characteristics to outperform the market in the near term [3] - The Zacks Rank system emphasizes earnings estimates and revisions, which is currently showing a positive trend for Despegar.com [3]