Company Performance - Agco (AGCO) has returned 21.1% year-to-date, outperforming the average return of 5.9% for the Industrial Products sector [4] - Over the past 90 days, the Zacks Consensus Estimate for AGCO's full-year earnings has increased by 15.8%, indicating improving analyst sentiment [3] - Agco holds a Zacks Rank of 1 (Strong Buy), suggesting a positive earnings outlook [3] Industry Context - Agco belongs to the Manufacturing - Farm Equipment industry, which includes 7 stocks and is currently ranked 71 in the Zacks Industry Rank [5] - Stocks in the Manufacturing - Farm Equipment industry have gained approximately 15.1% year-to-date, with Agco performing better than this group [5] - The Japan Steel Works, Ltd. (JPSWY), another stock in the Industrial Products sector, has seen a significant year-to-date return of 72.8% and has a Zacks Rank of 2 (Buy) [4][5]
Are Industrial Products Stocks Lagging AGCO (AGCO) This Year?