Is Babcock International Group (BCKIY) Stock Outpacing Its Construction Peers This Year?

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Babcock International Group PLC (BCKIY) one of those stocks right now? 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.Babcock International Group PLC is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.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. Babcock International Group PLC is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for BCKIY's full-year earnings has moved 3.7% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, BCKIY has gained about 121.4% so far this year. At the same time, Construction stocks have gained an average of 8.9%. As we can see, Babcock International Group PLC is performing better than its sector in the calendar year.Another Construction stock, which has outperformed the sector so far this year, is Everus Construction Group, Inc. (ECG). The stock has returned 14.5% year-to-date.In Everus Construction Group, Inc.'s case, the consensus EPS estimate for the current year increased 8.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Babcock International Group PLC belongs to the Engineering - R and D Services industry, which includes 16 individual stocks and currently sits at #153 in the Zacks Industry Rank. On average, this group has gained an average of 10.4% so far this year, meaning that BCKIY is performing better in terms of year-to-date returns. Everus Construction Group, Inc., however, belongs to the Building Products - Miscellaneous industry. Currently, this 30-stock industry is ranked #89. The industry has moved +10.1% so far this year.Going forward, investors interested in Construction stocks should continue to pay close attention to Babcock International Group PLC and Everus Construction Group, Inc. as they could maintain their solid performance.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>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 Babcock International Group PLC (BCKIY): Free Stock Analysis Report Everus Construction Group, Inc. (ECG): 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