Are Transportation Stocks Lagging Kuehne & Nagel International (KHNGY) This Year?

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Kuehne & Nagel International Ag (KHNGY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Kuehne & Nagel International Ag is one of 110 companies in the Transportation group. The Transportation group currently sits at #3 within 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 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. Kuehne & Nagel International Ag is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for KHNGY's full-year earnings has moved 0.5% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that KHNGY has returned about 19.5% since the start of the calendar year. Meanwhile, the Transportation sector has returned an average of 15.7% on a year-to-date basis. This means that Kuehne & Nagel International Ag is outperforming the sector as a whole this year.

Another Transportation stock, which has outperformed the sector so far this year, is Landstar System (LSTR). The stock has returned 32.4% year-to-date.

For Landstar System, the consensus EPS estimate for the current year has increased 5.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Kuehne & Nagel International Ag belongs to the Transportation - Services industry, which includes 20 individual stocks and currently sits at #172 in the Zacks Industry Rank. Stocks in this group have gained about 6.8% so far this year, so KHNGY is performing better this group in terms of year-to-date returns.

In contrast, Landstar System falls under the Transportation - Truck industry. Currently, this industry has 12 stocks and is ranked #18. Since the beginning of the year, the industry has moved +38.7%.

Kuehne & Nagel International Ag and Landstar System could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.

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This article originally published on Zacks Investment Research (zacks.com).

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