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Are Transportation Stocks Lagging ANA (ALNPY) This Year?

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The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ANA Holdings Inc. (ALNPY - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.

ANA Holdings Inc. is one of 122 companies in the Transportation group. The Transportation group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ANA Holdings Inc. is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for ALNPY's full-year earnings has moved 10.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, ALNPY has moved about 7.6% on a year-to-date basis. Meanwhile, the Transportation sector has returned an average of -5.4% on a year-to-date basis. As we can see, ANA Holdings Inc. is performing better than its sector in the calendar year.

One other Transportation stock that has outperformed the sector so far this year is Japan Airlines Ltd (JAPSY - Free Report) . The stock is up 28.5% year-to-date.

In Japan Airlines Ltd's case, the consensus EPS estimate for the current year increased 29.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, ANA Holdings Inc. belongs to the Transportation - Airline industry, which includes 27 individual stocks and currently sits at #68 in the Zacks Industry Rank. On average, this group has lost an average of 6.3% so far this year, meaning that ALNPY is performing better in terms of year-to-date returns. Japan Airlines Ltd is also part of the same industry.

Investors with an interest in Transportation stocks should continue to track ANA Holdings Inc. and Japan Airlines Ltd. These stocks will be looking to continue their solid performance.

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