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Is Global Business Travel Group, Inc. (GBTG) Stock Outpacing Its Transportation Peers This Year?
GBTGGlobal Business Travel (GBTG) ZACKS·2024-10-18 14:45

Company Performance - Global Business Travel Group, Inc. (GBTG) has a year-to-date return of approximately 21.9%, significantly outperforming the average return of 2.5% for the Transportation sector [2][3] - GBTG currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [2][3] - Over the past 90 days, the Zacks Consensus Estimate for GBTG's full-year earnings has increased by 28.2%, reflecting improved analyst sentiment [2] Industry Comparison - GBTG belongs to the Transportation - Services industry, which has seen a decline of about 6.6% year-to-date, indicating that GBTG is performing better than its industry peers [3] - In contrast, International Consolidated Airlines Group SA (ICAGY), another notable stock in the Transportation sector, has returned 41.5% year-to-date and belongs to the Transportation - Airline industry, which has increased by 33.2% [2][3] - The Transportation group is currently ranked 8 within the Zacks Sector Rank, which includes 16 different groups [1]