Are Construction Stocks Lagging Dycom Industries (DY) This Year?

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Dycom Industries (DY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Dycom Industries is a member of the Construction sector. This group includes 87 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.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. Dycom Industries is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for DY's full-year earnings has moved 17.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Based on the latest available data, DY has gained about 51.8% so far this year. Meanwhile, stocks in the Construction group have gained about 7.2% on average. This means that Dycom Industries is performing better than its sector in terms of year-to-date returns.One other Construction stock that has outperformed the sector so far this year is Comfort Systems (FIX). The stock is up 63.4% year-to-date.Over the past three months, Comfort Systems' consensus EPS estimate for the current year has increased 4.1%. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Dycom Industries is a member of the Building Products - Heavy Construction industry, which includes 9 individual companies and currently sits at #8 in the Zacks Industry Rank. Stocks in this group have gained about 28.6% so far this year, so DY is performing better this group in terms of year-to-date returns. Comfort Systems, however, belongs to the Building Products - Air Conditioner and Heating industry. Currently, this 6-stock industry is ranked #93. The industry has moved +18.3% so far this year.Going forward, investors interested in Construction stocks should continue to pay close attention to Dycom Industries and Comfort Systems as they could maintain their solid performance.Higher. Faster. Sooner. Buy These Stocks NowA small number of stocks are primed for a breakout, and you have a chance to get in before they take off.At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We’ve combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month.You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days.Download the report free now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dycom Industries, Inc. (DY): Free Stock Analysis Report Comfort Systems USA, Inc. (FIX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks