Is Archer Aviation (ACHR) Stock Outpacing Its Aerospace Peers This Year?

Group 1 - Archer Aviation Inc. (ACHR) is currently ranked 6 in the Zacks Sector Rank within the Aerospace group, which consists of 51 companies [2] - The Zacks Rank system indicates that Archer Aviation Inc. has a Zacks Rank of 2 (Buy), with a 6.4% increase in the consensus estimate for full-year earnings over the past 90 days, reflecting improved analyst sentiment [3] - Year-to-date, ACHR has returned 6.2%, significantly outperforming the Aerospace sector average return of 0.2% [4] Group 2 - Archer Aviation Inc. is part of the Aerospace - Defense industry, which includes 24 companies and currently holds a Zacks Industry Rank of 136, with an average loss of 0.5% this year [5] - In comparison, AeroVironment (AVAV), another Aerospace stock, has a Zacks Rank of 1 (Strong Buy) and has seen a 0.8% increase in its consensus EPS estimate over the past three months [5] - The Aerospace - Defense Equipment industry, which includes AeroVironment, has 26 stocks and has gained 1.9% since the beginning of the year [6]