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Is Cementos Pacasmayo (CPAC) Outperforming Other Construction Stocks This Year?
CPACCementos Pacasmayo(CPAC) ZACKS·2024-11-21 15:45

Group 1 - Pacasmayo (CPAC) is part of the Construction group, which consists of 88 companies and is currently ranked 8 in the Zacks Sector Rank [2] - Pacasmayo has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook with a 30.6% increase in the consensus estimate for full-year earnings over the past quarter [3] - Year-to-date, Pacasmayo has returned 27.2%, outperforming the average return of 24.7% for Construction companies [4] Group 2 - Pacasmayo operates within the Building Products - Concrete and Aggregates industry, which includes 8 companies and is ranked 174 in the Zacks Industry Rank [5] - The average return for stocks in the Building Products - Concrete and Aggregates industry is 16.6%, indicating that Pacasmayo is performing better than its peers [5] - Emcor Group (EME), another strong performer in the Construction sector, has seen a year-to-date increase of 139.4% and has a Zacks Rank of 1 (Strong Buy) [4][5] Group 3 - The Building Products - Heavy Construction industry, to which Emcor Group belongs, is ranked 36 and has increased by 104.9% this year [6] - Investors should monitor both Pacasmayo and Emcor Group for potential continued strong performance in the Construction sector [6]