Is Cemex (CX) Stock Outpacing Its Construction Peers This Year?

Group 1: Company Overview - Cemex (CX) is a notable stock in the Construction sector, which consists of 93 individual stocks ranked 16 in the Zacks Sector Rank [2] - Cemex currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Metrics - The Zacks Consensus Estimate for Cemex's full-year earnings has increased by 15.7% in the past quarter, reflecting stronger analyst sentiment and an improving earnings outlook [4] - Year-to-date, Cemex has gained approximately 6.8%, outperforming the average gain of 4.7% for the Construction sector [4] Group 3: Industry Comparison - Cemex is part of the Building Products - Concrete and Aggregates industry, which includes 5 companies and is currently ranked 110 in the Zacks Industry Rank [6] - The Building Products - Concrete and Aggregates industry has seen a year-to-date gain of about 24.7%, indicating that Cemex is slightly underperforming its industry peers [6] Group 4: Competitor Analysis - Tetra Tech (TTEK), another stock in the Construction sector, has a year-to-date return of 5.8% and also holds a Zacks Rank of 2 (Buy) [5] - Tetra Tech belongs to the Engineering - R and D Services industry, which is ranked 103 and has moved up by 7.6% year to date [7]