Investors focused on the Transportation space have likely heard of Triton International , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.
Triton International is a member of the Transportation sector. This group includes 144 individual stocks and currently holds a Zacks Sector Rank of #11. 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 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. TRTN is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRTN's full-year earnings has moved 4.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that TRTN has returned about 3.87% since the start of the calendar year. In comparison, Transportation companies have returned an average of 3.31%. As we can see, Triton International is performing better than its sector in the calendar year.
Looking more specifically, TRTN belongs to the Transportation - Equipment and Leasing industry, which includes 16 individual stocks and currently sits at #32 in the Zacks Industry Rank. On average, this group has gained an average of 7.43% so far this year, meaning that TRTN is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Transportation sector will want to keep a close eye on TRTN as it attempts to continue its solid performance.
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Is Triton International (TRTN) Stock Outpacing Its Transportation Peers This Year?
Investors focused on the Transportation space have likely heard of Triton International , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.
Triton International is a member of the Transportation sector. This group includes 144 individual stocks and currently holds a Zacks Sector Rank of #11. 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 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. TRTN is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRTN's full-year earnings has moved 4.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that TRTN has returned about 3.87% since the start of the calendar year. In comparison, Transportation companies have returned an average of 3.31%. As we can see, Triton International is performing better than its sector in the calendar year.
Looking more specifically, TRTN belongs to the Transportation - Equipment and Leasing industry, which includes 16 individual stocks and currently sits at #32 in the Zacks Industry Rank. On average, this group has gained an average of 7.43% so far this year, meaning that TRTN is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Transportation sector will want to keep a close eye on TRTN as it attempts to continue its solid performance.