Are Basic Materials Stocks Lagging Perimeter Solutions, SA (PRM) This Year?

Company Overview - Perimeter Solutions, SA (PRM) is part of the Basic Materials sector, which includes 240 companies and is currently ranked 5 in the Zacks Sector Rank [2] - The company operates within the Chemical - Specialty industry, which consists of 33 stocks and is ranked 153 in the Zacks Industry Rank [5] Performance Analysis - Year-to-date, Perimeter Solutions has returned approximately 75%, significantly outperforming the average return of 0.8% for Basic Materials companies [4] - In comparison, Iamgold (IAG), another Basic Materials stock, has returned 77.1% since the beginning of the year [4] - The Zacks Consensus Estimate for PRM's full-year earnings has increased by 17.9% over the past quarter, indicating improved analyst sentiment [3] Industry Context - The Chemical - Specialty industry has experienced an average loss of 20.1% year-to-date, highlighting Perimeter Solutions' strong performance relative to its peers [5] - The Mining - Gold industry, which includes Iamgold, has seen a year-to-date increase of 15.9% [6]