Published on 14 Mar 2024 on Zacks via Yahoo Finance

Is Babcock International Group (BCKIY) Stock Outpacing Its Construction Peers This Year?

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Babcock International Group PLC (BCKIY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.

Babcock International Group PLC is one of 98 individual stocks in the Construction sector. Collectively, these companies sit at #1 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 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. Babcock International Group PLC is currently sporting a Zacks Rank of #2 (Buy).