Is Howmet Aerospace (HWM) Stock Outpacing Its Aerospace Peers This Year?

Company Performance - Howmet (HWM) has gained approximately 42.5% year-to-date, significantly outperforming the average gain of 7.6% in the Aerospace sector [4] - The Zacks Consensus Estimate for HWM's full-year earnings has increased by 10.4% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Leonardo DRS, Inc. (DRS) has also shown strong performance with a year-to-date return of 28.3% and a 0.9% increase in its consensus EPS estimate over the past three months [5] Industry Ranking - Howmet is part of the Aerospace - Defense industry, which includes 25 companies and currently ranks 91 in the Zacks Industry Rank, with an average gain of 8.9% this year [6] - Leonardo DRS, Inc. belongs to the Aerospace - Defense Equipment industry, which consists of 27 companies and is ranked 33, with a year-to-date gain of 3.5% [6] Sector Overview - The Aerospace sector, which includes 53 individual stocks, is currently ranked 2 in the Zacks Sector Rank, reflecting the strength of the group [2] - The Zacks Rank system identifies stocks with characteristics likely to outperform the market, with Howmet currently holding a Zacks Rank of 2 (Buy) [3]