Company Performance - Ingersoll Rand (IR) has shown a year-to-date performance increase of approximately 26.3%, significantly outperforming the average gain of 11.7% in the Industrial Products sector [4] - The Zacks Consensus Estimate for Ingersoll Rand's full-year earnings has risen by 1.1% over the past quarter, indicating improved analyst sentiment and earnings outlook [4] - Ingersoll Rand holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics for potential outperformance in the market [3] Industry Context - Ingersoll Rand is part of the Manufacturing - General Industrial industry, which consists of 42 individual stocks and currently ranks 148 in the Zacks Industry Rank [6] - The Manufacturing - General Industrial industry has experienced an average gain of 12.9% year-to-date, indicating that Ingersoll Rand is performing better than its industry peers [6] - Another company in the Industrial Products sector, Kadant (KAI), has also outperformed the sector with a year-to-date return of 28.3% and holds a Zacks Rank of 2 (Buy) [5]
Are Industrial Products Stocks Lagging Ingersoll Rand (IR) This Year?