Is RollsRoyce (RYCEY) Outperforming Other Aerospace Stocks This Year?

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Is Rolls-Royce Holdings PLC (RYCEY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Rolls-Royce Holdings PLC is one of 53 individual stocks in the Aerospace sector. Collectively, these companies sit at #2 in 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. Rolls-Royce Holdings PLC is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for RYCEY's full-year earnings has moved 17.9% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Based on the most recent data, RYCEY has returned 40% so far this year. At the same time, Aerospace stocks have gained an average of 11.5%. This means that Rolls-Royce Holdings PLC is outperforming the sector as a whole this year.Another stock in the Aerospace sector, Woodward (WWD), has outperformed the sector so far this year. The stock's year-to-date return is 14.3%.The consensus estimate for Woodward's current year EPS has increased 2.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, Rolls-Royce Holdings PLC is a member of the Aerospace - Defense Equipment industry, which includes 27 individual companies and currently sits at #19 in the Zacks Industry Rank. This group has gained an average of 5.1% so far this year, so RYCEY is performing better in this area. Woodward is also part of the same industry.Investors with an interest in Aerospace stocks should continue to track Rolls-Royce Holdings PLC and Woodward. These stocks will be looking to continue their solid performance.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant 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 Rolls-Royce Holdings PLC (RYCEY): Free Stock Analysis Report Woodward, Inc. (WWD): 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