Are Transportation Stocks Lagging International Consolidated Airlines Group (ICAGY) This Year?

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is International Consolidated Airlines Group SA (ICAGY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.International Consolidated Airlines Group SA is one of 135 individual stocks in the Transportation sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. 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. International Consolidated Airlines Group SA is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for ICAGY's full-year earnings has moved 1.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the most recent data, ICAGY has returned 92.5% so far this year. In comparison, Transportation companies have returned an average of 0.8%. This means that International Consolidated Airlines Group SA is outperforming the sector as a whole this year.One other Transportation stock that has outperformed the sector so far this year is ZIM Integrated Shipping Services (ZIM). The stock is up 100.6% year-to-date.In ZIM Integrated Shipping Services' case, the consensus EPS estimate for the current year increased 41.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, International Consolidated Airlines Group SA belongs to the Transportation - Airline industry, a group that includes 31 individual stocks and currently sits at #27 in the Zacks Industry Rank. On average, this group has gained an average of 30.8% so far this year, meaning that ICAGY is performing better in terms of year-to-date returns.ZIM Integrated Shipping Services, however, belongs to the Transportation - Shipping industry. Currently, this 43-stock industry is ranked #219. The industry has moved +10.9% so far this year.Going forward, investors interested in Transportation stocks should continue to pay close attention to International Consolidated Airlines Group SA and ZIM Integrated Shipping Services as they could maintain their solid performance.Free Report: 5 Clean Energy Stocks with Massive UpsideEnergy is the backbone of our economy. It’s a multi-trillion dollar industry that has created some of the world’s largest and most profitable companies.Now state-of-the-art technology is paving the way for clean energy sources to overtake “old-fashioned” fossil fuels. Trillions of dollars are already pouring into clean energy initiatives, from solar power to hydrogen fuel cells.Emerging leaders from this space could be some of the most exciting stocks in your portfolio.Download Nuclear to Solar: 5 Stocks Powering the Future to see Zacks’ top picks free today.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 International Consolidated Airlines Group SA (ICAGY): Free Stock Analysis Report ZIM Integrated Shipping Services Ltd. (ZIM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks