Is Andritz (ADRZY) Stock Outpacing Its Industrial Products Peers This Year?

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Andritz (ADRZY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Andritz is one of 186 individual stocks in the Industrial Products sector. Collectively, these companies sit at #11 in 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 is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Andritz is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for ADRZY's full-year earnings has moved 3.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.According to our latest data, ADRZY has moved about 48.5% on a year-to-date basis. In comparison, Industrial Products companies have returned an average of 4.1%. As we can see, Andritz is performing better than its sector in the calendar year.One other Industrial Products stock that has outperformed the sector so far this year is Intellicheck Mobilisa, Inc. (IDN). The stock is up 108.9% year-to-date.In Intellicheck Mobilisa, Inc.'s case, the consensus EPS estimate for the current year increased 550% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Andritz is a member of the Industrial Services industry, which includes 18 individual companies and currently sits at #196 in the Zacks Industry Rank. On average, this group has lost an average of 3.5% so far this year, meaning that ADRZY is performing better in terms of year-to-date returns. In contrast, Intellicheck Mobilisa, Inc. falls under the Security and Safety Services industry. Currently, this industry has 17 stocks and is ranked #33. Since the beginning of the year, the industry has moved +15.9%.Investors interested in the Industrial Products sector may want to keep a close eye on Andritz and Intellicheck Mobilisa, Inc. as they attempt to continue their solid performance.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum 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 Andritz (ADRZY): Free Stock Analysis Report Intellicheck Mobilisa, Inc. (IDN): 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