Is Insteel Industries (IIIN) Outperforming Other Industrial Products Stocks This Year?

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Insteel Industries (IIIN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Insteel Industries is one of 201 companies in the Industrial Products group. The Industrial Products group currently sits at #10 within 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Insteel Industries is currently sporting a Zacks Rank of #1 (Strong Buy).Within the past quarter, the Zacks Consensus Estimate for IIIN's full-year earnings has moved 19.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.According to our latest data, IIIN has moved about 3.2% on a year-to-date basis. Meanwhile, the Industrial Products sector has returned an average of 1.4% on a year-to-date basis. This shows that Insteel Industries is outperforming its peers so far this year.Another stock in the Industrial Products sector, Life360 (LIF), has outperformed the sector so far this year. The stock's year-to-date return is 8%.For Life360, the consensus EPS estimate for the current year has increased 2166.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Insteel Industries belongs to the Wire and Cable Products industry, which includes 3 individual stocks and currently sits at #14 in the Zacks Industry Rank. Stocks in this group have lost about 6.3% so far this year, so IIIN is performing better this group in terms of year-to-date returns.On the other hand, Life360 belongs to the Security and Safety Services industry. This 18-stock industry is currently ranked #54. The industry has moved +0.9% year to date.Insteel Industries and Life360 could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>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 Insteel Industries, Inc. (IIIN): Free Stock Analysis Report Life360, Inc. (LIF): 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