Has AAR (AIR) Outpaced Other Aerospace Stocks This Year?

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. AAR (AIR) 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.AAR is one of 51 companies in the Aerospace group. The Aerospace group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.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. AAR is currently sporting a Zacks Rank of #1 (Strong Buy).The Zacks Consensus Estimate for AIR's full-year earnings has moved 4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, AIR has moved about 3.2% on a year-to-date basis. Meanwhile, the Aerospace sector has returned an average of 1.8% on a year-to-date basis. This means that AAR is performing better than its sector in terms of year-to-date returns.Another Aerospace stock, which has outperformed the sector so far this year, is MTU Aero Engines AG (MTUAY). The stock has returned 9.7% year-to-date.The consensus estimate for MTU Aero Engines AG's current year EPS has increased 5.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, AAR belongs to the Aerospace - Defense Equipment industry, which includes 26 individual stocks and currently sits at #71 in the Zacks Industry Rank. Stocks in this group have gained about 2.6% so far this year, so AIR is performing better this group in terms of year-to-date returns.In contrast, MTU Aero Engines AG falls under the Aerospace - Defense industry. Currently, this industry has 24 stocks and is ranked #84. Since the beginning of the year, the industry has moved +1.5%.Going forward, investors interested in Aerospace stocks should continue to pay close attention to AAR and MTU Aero Engines AG as they could maintain their solid performance.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See 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 AAR Corp. (AIR): Free Stock Analysis Report MTU Aero Engines AG (MTUAY): 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