Group 1 - Helios Technologies (HLIO) has outperformed its peers in the Industrial Products sector with a year-to-date performance of approximately 18.6%, compared to an average gain of 3.7% for the sector [4] - The Zacks Rank for Helios Technologies is currently 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with a 2.5% increase in the consensus estimate for full-year earnings over the past quarter [3] - The Manufacturing - General Industrial industry, to which Helios Technologies belongs, has seen an average gain of 7.1% this year, further highlighting HLIO's strong performance within its specific industry [5] Group 2 - Kennametal (KMT) is another stock in the Industrial Products sector that has outperformed, with a year-to-date return of 12.9% and a consensus EPS estimate increase of 31.5% over the past three months [4][5] - The Manufacturing - Tools & Related Products industry, which includes Kennametal, is ranked 28 and has experienced a decline of 2.2% this year, contrasting with the performance of Helios Technologies [6]
Is Helios Technologies (HLIO) Stock Outpacing Its Industrial Products Peers This Year?