Company Performance - Global Industrial (GIC) has shown a year-to-date return of approximately 39.3%, significantly outperforming the average return of 7.2% for the Industrial Products sector [4] - The Zacks Consensus Estimate for GIC's full-year earnings has increased by 16.3% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [4] - Gorman-Rupp (GRC), another stock in the Industrial Products sector, has a year-to-date return of 10.4% and a Zacks Rank of 2 (Buy) [5] Industry Ranking - Global Industrial is part of the Industrial Services industry, which consists of 18 stocks and currently holds a Zacks Industry Rank of 16 [6] - The Industrial Services industry has gained an average of 1.8% year-to-date, indicating that GIC is performing better than its industry peers [6] - In contrast, Gorman-Rupp belongs to the Manufacturing - General Industrial industry, which has a Zacks Industry Rank of 39 and has moved up by 5% year-to-date [6] Sector Overview - The Industrial Products sector includes 189 individual stocks and currently holds a Zacks Sector Rank of 4 among 16 groups [2] - The Zacks Rank system emphasizes earnings estimates and revisions, with Global Industrial currently holding a Zacks Rank of 1 (Strong Buy) [3]
Are Industrial Products Stocks Lagging Global Industrial Company (GIC) This Year?