We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Central Japan Railway Co. (CJPRY) Outperforming Other Transportation Stocks This Year?
Read MoreHide Full Article
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Central Japan Railway Co. (CJPRY - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Central Japan Railway Co. is one of 124 companies in the Transportation group. The Transportation group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Central Japan Railway Co. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CJPRY's full-year earnings has moved 9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, CJPRY has moved about 15.7% on a year-to-date basis. In comparison, Transportation companies have returned an average of -7.8%. This shows that Central Japan Railway Co. is outperforming its peers so far this year.
One other Transportation stock that has outperformed the sector so far this year is Copa Holdings (CPA - Free Report) . The stock is up 24.7% year-to-date.
Over the past three months, Copa Holdings' consensus EPS estimate for the current year has increased 6.9%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Central Japan Railway Co. is a member of the Transportation - Rail industry, which includes 9 individual companies and currently sits at #56 in the Zacks Industry Rank. On average, stocks in this group have gained 1.3% this year, meaning that CJPRY is performing better in terms of year-to-date returns.
Copa Holdings, however, belongs to the Transportation - Airline industry. Currently, this 29-stock industry is ranked #149. The industry has moved -7.3% so far this year.
Investors interested in the Transportation sector may want to keep a close eye on Central Japan Railway Co. and Copa Holdings as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Central Japan Railway Co. (CJPRY) Outperforming Other Transportation Stocks This Year?
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Central Japan Railway Co. (CJPRY - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Central Japan Railway Co. is one of 124 companies in the Transportation group. The Transportation group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Central Japan Railway Co. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CJPRY's full-year earnings has moved 9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, CJPRY has moved about 15.7% on a year-to-date basis. In comparison, Transportation companies have returned an average of -7.8%. This shows that Central Japan Railway Co. is outperforming its peers so far this year.
One other Transportation stock that has outperformed the sector so far this year is Copa Holdings (CPA - Free Report) . The stock is up 24.7% year-to-date.
Over the past three months, Copa Holdings' consensus EPS estimate for the current year has increased 6.9%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Central Japan Railway Co. is a member of the Transportation - Rail industry, which includes 9 individual companies and currently sits at #56 in the Zacks Industry Rank. On average, stocks in this group have gained 1.3% this year, meaning that CJPRY is performing better in terms of year-to-date returns.
Copa Holdings, however, belongs to the Transportation - Airline industry. Currently, this 29-stock industry is ranked #149. The industry has moved -7.3% so far this year.
Investors interested in the Transportation sector may want to keep a close eye on Central Japan Railway Co. and Copa Holdings as they attempt to continue their solid performance.