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Has PGT (PGTI) Outpaced Other Construction Stocks This Year?

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Investors focused on the Construction space have likely heard of PGT , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of PGTI and the rest of the Construction group's stocks.

PGT is one of 99 companies in the Construction group. The Construction group currently sits at #4 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 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. PGTI is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for PGTI's full-year earnings has moved 18.63% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, PGTI has returned 48.07% so far this year. In comparison, Construction companies have returned an average of -8.97%. This shows that PGT is outperforming its peers so far this year.

To break things down more, PGTI belongs to the Building Products - Miscellaneous industry, a group that includes 26 individual companies and currently sits at #87 in the Zacks Industry Rank. This group has lost an average of 9.79% so far this year, so PGTI is performing better in this area.

Investors with an interest in Construction stocks should continue to track PGTI. The stock will be looking to continue its solid performance.