Group 1: Company Overview - Ashtead Group PLC (ASHTY) is part of the Industrial Products group, which consists of 189 companies and ranks 1 in the Zacks Sector Rank [2] - The Zacks Rank is a stock-picking model that focuses on earnings estimates and revisions, with ASHTY currently holding a Zacks Rank of 2 (Buy) [3] Group 2: Performance Metrics - Over the past 90 days, the Zacks Consensus Estimate for ASHTY's full-year earnings has increased by 12.5%, indicating improved analyst sentiment [4] - ASHTY has returned 20.7% year-to-date, outperforming the average return of 6.6% for the Industrial Products sector [4] - In the Industrial Services industry, which includes 18 stocks, ASHTY is performing better than the average gain of 6% so far this year [6] Group 3: Comparative Analysis - Life360 (LIF) is another stock in the Industrial Products sector that has significantly outperformed, with a year-to-date return of 142.3% and a consensus EPS estimate increase of 29.2% over the past three months [5] - The Security and Safety Services industry, which includes Life360, has seen a year-to-date increase of 26.7% [7]
Is Ashtead Group (ASHTY) Stock Outpacing Its Industrial Products Peers This Year?