Is Atmus Filtration Technologies Inc. (ATMU) Stock Outpacing Its Industrial Products Peers This Year?

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Atmus Filtration Technologies (ATMU) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Atmus Filtration Technologies is one of 213 individual stocks in the Industrial Products sector. Collectively, these companies sit at #13 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 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. Atmus Filtration Technologies is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for ATMU's full-year earnings has moved 5.3% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, ATMU has gained about 70% so far this year. At the same time, Industrial Products stocks have gained an average of 13.5%. This means that Atmus Filtration Technologies is performing better than its sector in terms of year-to-date returns.Another Industrial Products stock, which has outperformed the sector so far this year, is Kawasaki Heavy Industries Ltd. (KWHIY). The stock has returned 91% year-to-date.In Kawasaki Heavy Industries Ltd.'s case, the consensus EPS estimate for the current year increased 7.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, Atmus Filtration Technologies is a member of the Pollution Control industry, which includes 10 individual companies and currently sits at #82 in the Zacks Industry Rank. This group has gained an average of 22.8% so far this year, so ATMU is performing better in this area.In contrast, Kawasaki Heavy Industries Ltd. falls under the Manufacturing - General Industrial industry. Currently, this industry has 42 stocks and is ranked #150. Since the beginning of the year, the industry has moved +13.8%.Atmus Filtration Technologies and Kawasaki Heavy Industries Ltd. could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks.Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback 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 Atmus Filtration Technologies Inc. (ATMU): Free Stock Analysis Report Kawasaki Heavy Industries Ltd. (KWHIY): 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