Has Federal Signal (FSS) Outpaced Other Conglomerates Stocks This Year?

Company Performance - Federal Signal (FSS) has gained approximately 18.4% year-to-date, significantly outperforming the average return of 6.2% for the Conglomerates sector [4] - The Zacks Consensus Estimate for FSS's full-year earnings has increased by 1.7% over the past 90 days, indicating improved analyst sentiment and earnings outlook [3] - Mitsubishi Corp. (MSBHF) has also outperformed the sector with a return of 23.4% since the beginning of the year [4][5] Industry Ranking - Federal Signal is part of the Diversified Operations industry, which includes 16 companies and currently ranks 83 in the Zacks Industry Rank [6] - The average return for the Diversified Operations industry is 6.2% year-to-date, showing that FSS is performing better than its peers in this industry [6] Sector Overview - The Conglomerates group consists of 16 companies and is currently ranked 5 in the Zacks Sector Rank, which measures the average Zacks Rank of individual stocks within the sector [2] - Federal Signal holds a Zacks Rank of 2 (Buy), indicating a favorable position among its peers [3]