Is Bae Systems (BAESY) 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. Bae Systems PLC (BAESY) 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.Bae Systems PLC is one of 46 companies in the Aerospace group. The Aerospace group currently sits at #5 within 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 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. Bae Systems PLC is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for BAESY's full-year earnings has moved 1.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.According to our latest data, BAESY has moved about 19.4% on a year-to-date basis. Meanwhile, stocks in the Aerospace group have gained about 4.4% on average. As we can see, Bae Systems PLC is performing better than its sector in the calendar year.Another stock in the Aerospace sector, Curtiss-Wright (CW), has outperformed the sector so far this year. The stock's year-to-date return is 63.5%.For Curtiss-Wright, the consensus EPS estimate for the current year has increased 3.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Bae Systems PLC is a member of the Aerospace - Defense Equipment industry, which includes 23 individual companies and currently sits at #92 in the Zacks Industry Rank. Stocks in this group have gained about 30% so far this year, so BAESY is slightly underperforming its industry this group in terms of year-to-date returns. Curtiss-Wright is also part of the same industry.Bae Systems PLC and Curtiss-Wright could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks.Infrastructure Stock Boom to Sweep AmericaA massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.The only question is “Will you get into the right stocks early when their growth potential is greatest?”Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How To Profit From Trillions On Spending For Infrastructure >>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 Bae Systems PLC (BAESY): Free Stock Analysis Report Curtiss-Wright Corporation (CW): 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