Group 1 - Packaging Corp. (PKG) is a notable stock within the Industrial Products sector, currently ranked 11 in the Zacks Sector Rank, which includes 16 groups ranked by average Zacks Rank of individual companies [2] - The Zacks Rank model, which focuses on earnings estimates and revisions, currently rates Packaging Corp. as 1 (Strong Buy), indicating a positive earnings outlook with a 5.4% increase in the consensus estimate for full-year earnings over the past quarter [3] - Year-to-date, Packaging Corp. has returned 20.2%, significantly outperforming the average gain of 6.2% for the Industrial Products group [4] Group 2 - Packaging Corp. is part of the Containers - Paper and Packaging industry, which consists of 12 companies and is currently ranked 42 in the Zacks Industry Rank, with an average gain of 10% this year [5] - Another stock in the Industrial Products sector, Tetra Tech (TTEK), has shown a year-to-date return of 36.8% and is rated 2 (Buy) by Zacks, with a 0.7% increase in its consensus EPS estimate over the past three months [4][5] - The Pollution Control industry, to which Tetra Tech belongs, is ranked 74 and has seen a 24.3% increase this year, indicating strong performance within that specific industry [6]
Is Packaging Corporation of America (PKG) Stock Outpacing Its Industrial Products Peers This Year?