Is Ducommun (DCO) Stock Outpacing Its Aerospace Peers This Year?

The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Ducommun (DCO) 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? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.Ducommun is a member of the Aerospace sector. This group includes 58 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. Ducommun is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for DCO's full-year earnings has moved 12% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, DCO has gained about 40.7% so far this year. Meanwhile, the Aerospace sector has returned an average of 26.9% on a year-to-date basis. This shows that Ducommun is outperforming its peers so far this year.Another Aerospace stock, which has outperformed the sector so far this year, is GE Aerospace (GE). The stock has returned 61.5% year-to-date.In GE Aerospace's case, the consensus EPS estimate for the current year increased 6.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).To break things down more, Ducommun belongs to the Aerospace - Defense Equipment industry, a group that includes 33 individual companies and currently sits at #147 in the Zacks Industry Rank. Stocks in this group have gained about 26.6% so far this year, so DCO is performing better this group in terms of year-to-date returns. GE Aerospace, however, belongs to the Aerospace - Defense industry. Currently, this 24-stock industry is ranked #63. The industry has moved +27% so far this year.Going forward, investors interested in Aerospace stocks should continue to pay close attention to Ducommun and GE Aerospace 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 Ducommun Incorporated (DCO): Free Stock Analysis Report GE Aerospace (GE): 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