Is Powell Industries (POWL) Outperforming Other Industrial Products Stocks This Year?

Industry Overview - The Industrial Products sector consists of 213 individual stocks and ranks 15 out of 16 sector groups in the Zacks Sector Rank [2] - The Zacks Sector Rank evaluates sectors based on the average Zacks Rank of individual stocks within each group [2] - The Zacks Rank is a stock-picking model that focuses on earnings estimates and revisions, identifying stocks likely to outperform the market over the next 1-3 months [3] Company Performance - Powell Industries (POWL) has returned approximately 189.3% year-to-date, significantly outperforming the Industrial Products group average gain of 12% [4] - The Zacks Consensus Estimate for POWL's full-year earnings has increased by 10.1% over the past quarter, indicating improving analyst sentiment and a more positive earnings outlook [4] - Zurn Water (ZWS) has also outperformed the sector with a 36% year-to-date gain and a 2.5% increase in its consensus EPS estimate over the past three months [5] Industry and Peer Comparison - Powell Industries belongs to the Manufacturing - Electronics industry, which includes 16 companies and ranks 148 in the Zacks Industry Rank [6] - The Manufacturing - Electronics industry has gained an average of 20.8% year-to-date, with POWL outperforming this average [6] - Zurn Water is also part of the Manufacturing - Electronics industry [6] Investment Outlook - Powell Industries and Zurn Water are highlighted as Industrial Products stocks to watch due to their strong performance and potential for continued solid returns [7]