Is H&E Equipment Services (HEES) Stock Outpacing Its Industrial Products Peers This Year?

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has H&E Equipment (HEES - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.H&E Equipment is one of 219 individual stocks in the Industrial Products sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. H&E Equipment is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for HEES' full-year earnings has moved 17.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, HEES has gained about 2.1% so far this year. As we can see, H&E Equipment is performing better than its sector in the calendar year.Another stock in the Industrial Products sector, MRC Global (MRC - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 70.1%.The consensus estimate for MRC Global's current year EPS has increased 14.5% over the past three months. Stocks in this group have gained about 16% so far this year, so HEES is slightly underperforming its industry this group in terms of year-to-date returns.In contrast, MRC Global falls under the Steel - Pipe and Tube industry. Currently, this industry has 4 stocks and is ranked #18.