Company Performance - GE Aerospace has gained approximately 67.4% year-to-date, outperforming the Aerospace sector, which has returned an average of 26.3% [4] - The Zacks Consensus Estimate for GE's full-year earnings has increased by 6.5% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [4] - GE Aerospace holds a Zacks Rank of 1 (Strong Buy), suggesting it has favorable characteristics to outperform the market in the near term [3] Industry Comparison - GE Aerospace is part of the Aerospace - Defense industry, which consists of 24 companies and currently ranks 68 in the Zacks Industry Rank [6] - The Aerospace - Defense industry has seen an average gain of 27.8% year-to-date, indicating that GE Aerospace is performing better than the industry average [6] - Another notable performer in the Aerospace sector is Howmet (HWM), which has increased by 62.9% year-to-date and has a Zacks Rank of 2 (Buy) [5]
Is GE Aerospace (GE) Outperforming Other Aerospace Stocks This Year?