Has Workhorse Group (WKHS) Outpaced Other Auto-Tires-Trucks Stocks This Year?

Core Viewpoint - Workhorse Group (WKHS) is showing strong year-to-date performance compared to its sector, the Auto-Tires-Trucks group, which is currently ranked 9 in the Zacks Sector Rank [2][4]. Company Performance - Workhorse Group has returned approximately 14.3% since the beginning of the calendar year, outperforming the average return of 13.4% for Auto-Tires-Trucks companies [4]. - The Zacks Consensus Estimate for Workhorse Group's full-year earnings has increased by 49.4% over the past 90 days, indicating improved analyst sentiment and a more positive earnings outlook [4]. - Workhorse Group holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics for potential outperformance in the market [3]. Industry Context - Workhorse Group is part of the Automotive - Original Equipment industry, which consists of 54 companies and currently ranks 69 in the Zacks Industry Rank [6]. - The average return for the Automotive - Original Equipment industry so far this year is only 0.7%, highlighting Workhorse Group's superior performance in comparison [6]. Comparison with Peers - Westport Innovations (WPRT), another stock in the Auto-Tires-Trucks sector, has a year-to-date return of 19.1% and also holds a Zacks Rank of 2 (Buy) [5]. - The consensus estimate for Westport Innovations' current year EPS has increased by 4.4% over the past three months, indicating a positive outlook similar to that of Workhorse Group [5].