Are Construction Stocks Lagging Dycom Industries (DY) This Year?

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Dycom Industries (DY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.Dycom Industries is one of 88 companies in the Construction group. The Construction group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.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. Dycom Industries is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for DY's full-year earnings has moved 12.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.According to our latest data, DY has moved about 32% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 8.6% on a year-to-date basis. As we can see, Dycom Industries is performing better than its sector in the calendar year.Another stock in the Construction sector, Orion Marine Group (ORN), has outperformed the sector so far this year. The stock's year-to-date return is 34%.For Orion Marine Group, the consensus EPS estimate for the current year has increased 12.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).To break things down more, Dycom Industries belongs to the Building Products - Heavy Construction industry, a group that includes 8 individual companies and currently sits at #43 in the Zacks Industry Rank. This group has gained an average of 27.3% so far this year, so DY is performing better in this area. Orion Marine Group is also part of the same industry.Investors with an interest in Construction stocks should continue to track Dycom Industries and Orion Marine Group. These stocks will be looking to continue their solid performance.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks