Company Overview - ENGIE - Sponsored ADR (ENGIY) is part of the Utilities sector, which consists of 108 individual stocks and currently holds a Zacks Sector Rank of 3, indicating its relative strength among sector groups [2] - The Zacks Rank system identifies stocks with characteristics likely to outperform the market over the next one to three months, with ENGIE currently holding a Zacks Rank of 2 (Buy) [3] Performance Metrics - Over the past quarter, the Zacks Consensus Estimate for ENGIE's full-year earnings has increased by 5.7%, reflecting improved analyst sentiment and a stronger earnings outlook [4] - Year-to-date, ENGIE has returned approximately 40%, significantly outperforming the Utilities sector average return of 13.5% [4] - Within the Utility - Electric Power industry, which includes 59 stocks, ENGIE is also performing well, as this group has gained about 13.1% year-to-date [6] Comparative Analysis - Another Utilities stock, Fortis (FTS), has also outperformed the sector with a year-to-date increase of 22.1% and holds a Zacks Rank of 2 (Buy) [5] - Both ENGIE and Fortis are expected to continue their strong performance, making them noteworthy for investors interested in Utilities stocks [7]
Are Utilities Stocks Lagging ENGIE - Sponsored ADR (ENGIY) This Year?