Has Leonardo DRS, Inc. (DRS) Outpaced Other Aerospace Stocks This Year?

Group 1: Company Performance - Leonardo DRS, Inc. has returned 38.2% year-to-date, outperforming the average gain of 19.2% in the Aerospace group [4] - The Zacks Consensus Estimate for DRS' full-year earnings has increased by 0.7% over the past 90 days, indicating improved analyst sentiment [4] - DRS currently holds a Zacks Rank of 2 (Buy), suggesting a positive earnings outlook [3] Group 2: Industry Context - The Aerospace group is ranked 1 within the Zacks Sector Rank, which evaluates 16 different groups based on the average Zacks Rank of individual stocks [2] - Leonardo DRS is part of the Aerospace - Defense Equipment industry, which consists of 27 companies and is currently ranked 30 in the Zacks Industry Rank [6] - Stocks in the Aerospace - Defense Equipment industry have gained approximately 18.6% year-to-date, indicating that DRS is performing better than its peers in this specific industry [6] Group 3: Comparison with Peers - Elbit Systems, another stock in the Aerospace sector, has achieved a year-to-date return of 66.5% and has a Zacks Rank of 1 (Strong Buy) [5] - Over the past three months, Elbit Systems' consensus EPS estimate has increased by 22.6%, reflecting strong performance in the sector [5] - Both Leonardo DRS and Elbit Systems are highlighted as stocks to watch for continued solid performance in the Aerospace sector [7]