Is Flowserve (FLS) 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. Has Flowserve (FLS) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Flowserve is a member of the Industrial Products sector. This group includes 187 individual stocks and currently holds a Zacks Sector Rank of #13. 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 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. Flowserve is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for FLS' full-year earnings has moved 4.1% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the latest available data, FLS has gained about 21.5% so far this year. At the same time, Industrial Products stocks have gained an average of 6.5%. This means that Flowserve is performing better than its sector in terms of year-to-date returns.One other Industrial Products stock that has outperformed the sector so far this year is Helios Technologies (HLIO). The stock is up 27.6% year-to-date.For Helios Technologies, the consensus EPS estimate for the current year has increased 2.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Flowserve belongs to the Manufacturing - General Industrial industry, which includes 41 individual stocks and currently sits at #156 in the Zacks Industry Rank. On average, stocks in this group have gained 6.7% this year, meaning that FLS is performing better in terms of year-to-date returns. Helios Technologies is also part of the same industry.Investors with an interest in Industrial Products stocks should continue to track Flowserve and Helios Technologies. These stocks will be looking to continue their solid performance.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant 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 Flowserve Corporation (FLS): Free Stock Analysis Report Helios Technologies, Inc (HLIO): 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