Investors focused on the Construction space have likely heard of North American Construction Group (NOA Quick QuoteNOA - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.

North American Construction Group is one of 92 individual stocks in the Construction sector. Collectively, these companies sit at #14 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. NOA is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for NOA's full-year earnings has moved 88.30% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, NOA has moved about 121.62% on a year-to-date basis. At the same time, Construction stocks have lost an average of 23.12%. This shows that North American Construction Group is outperforming its peers so far this year.

Looking more specifically, NOA belongs to the Building Products - Heavy Construction industry, which includes 11 individual stocks and currently sits at #33 in the Zacks Industry Rank. This group has lost an average of 22.95% so far this year, so NOA is performing better in this area.

NOA will likely be looking to continue its solid performance, so investors interested Construction stocks should continue to pay close attention to the company.