Is Ashtead Group (ASHTY) Outperforming Other Industrial Products Stocks This Year?

Group 1 - Ashtead Group PLC is currently ranked 2 in the Zacks Sector Rank among 189 stocks in the Industrial Products sector, indicating strong performance relative to peers [2] - The Zacks Rank system, which focuses on earnings estimates and revisions, has assigned Ashtead Group PLC a Zacks Rank of 2 (Buy), suggesting a positive earnings outlook [3] - Over the past 90 days, the Zacks Consensus Estimate for Ashtead's full-year earnings has increased by 11.8%, reflecting improved analyst sentiment and a stronger earnings outlook [4] Group 2 - Year-to-date, Ashtead Group PLC has achieved a return of approximately 21.8%, significantly outperforming the average gain of 6.6% in the Industrial Products group [4] - Ashtead Group PLC is part of the Industrial Services industry, which includes 18 companies and currently ranks 33 in the Zacks Industry Rank, with the industry gaining about 9.2% this year [6] - Another stock in the same sector, MSC Industrial, has a year-to-date return of 20.8% and also holds a Zacks Rank of 2 (Buy) [5]