Is RollsRoyce (RYCEY) Stock Outpacing Its Aerospace Peers This Year?

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Rolls-Royce Holdings PLC (RYCEY) 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question.Rolls-Royce Holdings PLC is a member of our Aerospace group, which includes 64 different companies and currently sits at #1 in the Zacks Sector Rank. 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 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. Rolls-Royce Holdings PLC is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for RYCEY's full-year earnings has moved 11.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Our latest available data shows that RYCEY has returned about 127.7% since the start of the calendar year. At the same time, Aerospace stocks have gained an average of 33.3%. As we can see, Rolls-Royce Holdings PLC is performing better than its sector in the calendar year.Another Aerospace stock, which has outperformed the sector so far this year, is Woodward (WWD). The stock has returned 51.9% year-to-date.The consensus estimate for Woodward's current year EPS has increased 6.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Rolls-Royce Holdings PLC belongs to the Aerospace - Defense Equipment industry, a group that includes 38 individual stocks and currently sits at #33 in the Zacks Industry Rank. This group has gained an average of 30.8% so far this year, so RYCEY is performing better in this area. Woodward is also part of the same industry.Rolls-Royce Holdings PLC and Woodward could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI 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 Rolls-Royce Holdings PLC (RYCEY): Free Stock Analysis Report Woodward, Inc. (WWD): 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