Is Leonardo DRS, Inc. (DRS) Outperforming Other Aerospace Stocks This Year?

The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Leonardo DRS, Inc. (DRS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Leonardo DRS, Inc. is one of 64 individual stocks in the Aerospace sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.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. Leonardo DRS, Inc. is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for DRS' full-year earnings has moved 2.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the most recent data, DRS has returned 33.8% so far this year. In comparison, Aerospace companies have returned an average of 29.1%. As we can see, Leonardo DRS, Inc. is performing better than its sector in the calendar year.Another stock in the Aerospace sector, Airbus SE - Unsponsored ADR (EADSY), has outperformed the sector so far this year. The stock's year-to-date return is 46.6%.In Airbus SE - Unsponsored ADR's case, the consensus EPS estimate for the current year increased 1.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Leonardo DRS, Inc. belongs to the Aerospace - Defense Equipment industry, a group that includes 38 individual stocks and currently sits at #81 in the Zacks Industry Rank. On average, this group has gained an average of 30.5% so far this year, meaning that DRS is performing better in terms of year-to-date returns. Airbus SE - Unsponsored ADR is also part of the same industry.Investors with an interest in Aerospace stocks should continue to track Leonardo DRS, Inc. and Airbus SE - Unsponsored ADR. These stocks will be looking 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 Leonardo DRS, Inc. (DRS): Free Stock Analysis Report Airbus SE - Unsponsored ADR (EADSY): 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