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Is Peabody Energy (BTU) Outperforming Other Oils-Energy Stocks This Year?

Zacks Equity Research
Updated
The Macerich Company (MAC) opens Scottsdale Fashion Square's refurbished luxury wing. The face-lift enables the mall to add an impressive tenant lineup to its roster.

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Peabody Energy (BTU) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.

Peabody Energy is a member of our Oils-Energy group, which includes 325 different companies and currently sits 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. BTU is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for BTU's full-year earnings has moved 17.12% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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According to our latest data, BTU has moved about 9.73% on a year-to-date basis. In comparison, Oils-Energy companies have returned an average of 7.49%. This shows that Peabody Energy is outperforming its peers so far this year.

Looking more specifically, BTU belongs to the Coal industry, a group that includes 18 individual stocks and currently sits at #41 in the Zacks Industry Rank. On average, this group has gained an average of 4.22% so far this year, meaning that BTU is performing better in terms of year-to-date returns.

Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to BTU as it looks to continue its solid performance.


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