Are Industrial Products Stocks Lagging Apogee Enterprises (APOG) This Year?
ApogeeApogee(US:APOG) ZACKS·2024-07-26 14:41

Group 1 - Apogee Enterprises (APOG) is outperforming its peers in the Industrial Products sector, with a year-to-date return of 23.7% compared to the sector average of 6.6% [2][3] - The Zacks Rank for Apogee Enterprises is 1 (Strong Buy), indicating strong analyst sentiment and an improving earnings outlook, with a 7.1% increase in the consensus estimate for full-year earnings over the past 90 days [2] - Apogee Enterprises is part of the Glass Products industry, which has an average loss of 13.9% year-to-date, further highlighting its strong performance relative to its industry [3] Group 2 - Broadwind Energy, Inc. (BWEN) is another stock in the Industrial Products sector that has outperformed, with a year-to-date return of 16.3% [2] - The consensus EPS estimate for Broadwind Energy has increased by 154.5% over the past three months, and it currently holds a Zacks Rank of 2 (Buy) [3] - The Manufacturing - General Industrial industry, which includes Broadwind Energy, has seen a year-to-date increase of 7.7% [3]

Are Industrial Products Stocks Lagging Apogee Enterprises (APOG) This Year? - Reportify