Are Transportation Stocks Lagging International Consolidated Airlines Group (ICAGY) This Year?

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. International Consolidated Airlines Group SA (ICAGY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.International Consolidated Airlines Group SA is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #15 in 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. International Consolidated Airlines Group SA is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past 90 days, the Zacks Consensus Estimate for ICAGY's full-year earnings has moved 2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, ICAGY has moved about 32.5% on a year-to-date basis. Meanwhile, the Transportation sector has returned an average of -5% on a year-to-date basis. This means that International Consolidated Airlines Group SA is performing better than its sector in terms of year-to-date returns.Another stock in the Transportation sector, Pangaea Logistics (PANL), has outperformed the sector so far this year. The stock's year-to-date return is 18.7%.In Pangaea Logistics' case, the consensus EPS estimate for the current year increased 650% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, International Consolidated Airlines Group SA belongs to the Transportation - Airline industry, a group that includes 26 individual stocks and currently sits at #158 in the Zacks Industry Rank. On average, this group has gained an average of 3.2% so far this year, meaning that ICAGY is performing better in terms of year-to-date returns. In contrast, Pangaea Logistics falls under the Transportation - Shipping industry. Currently, this industry has 39 stocks and is ranked #55. Since the beginning of the year, the industry has moved +12.2%.Going forward, investors interested in Transportation stocks should continue to pay close attention to International Consolidated Airlines Group SA and Pangaea Logistics as they could maintain their solid performance.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks 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 International Consolidated Airlines Group SA (ICAGY): Free Stock Analysis Report Pangaea Logistics Solutions Ltd. (PANL): 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