Is Byd Co. (BYDDY) Outperforming Other Auto-Tires-Trucks Stocks This Year?
BYDBYD(US:BYDDY) ZACKS·2024-08-16 14:46

Company Performance - Byd Co., Ltd. has returned approximately 0.9% since the beginning of the calendar year, outperforming the average loss of 13.3% in the Auto-Tires-Trucks sector [4] - The Zacks Consensus Estimate for Byd Co., Ltd.'s full-year earnings has increased by 11% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] - Byd Co., Ltd. holds a Zacks Rank of 2 (Buy), suggesting strong potential for future performance [3][5] Industry Context - Byd Co., Ltd. is part of the Automotive - Foreign industry, which consists of 24 companies and currently ranks 170 in the Zacks Industry Rank [6] - The average loss for the Automotive - Foreign industry so far this year is 14.4%, highlighting Byd Co., Ltd.'s relative strength within this group [6] - Another company in the Auto-Tires-Trucks sector, Honda Motor, has also shown positive performance with a year-to-date return of 2.5% and a Zacks Rank of 2 (Buy) [4][5]