We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Albertsons Companies (ACI) Outperforming Other Consumer Staples Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Albertsons Companies, Inc. (ACI - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Albertsons Companies, Inc. is a member of our Consumer Staples group, which includes 198 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Albertsons Companies, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ACI's full-year earnings has moved 4.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ACI has gained about 0.3% so far this year. In comparison, Consumer Staples companies have returned an average of -3.3%. As we can see, Albertsons Companies, Inc. is performing better than its sector in the calendar year.
Another stock in the Consumer Staples sector, Conagra Brands (CAG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 5.8%.
For Conagra Brands, the consensus EPS estimate for the current year has increased 9.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Albertsons Companies, Inc. belongs to the Consumer Products - Staples industry, a group that includes 29 individual stocks and currently sits at #185 in the Zacks Industry Rank.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Albertsons Companies (ACI) Outperforming Other Consumer Staples Stocks This Year?
For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Albertsons Companies, Inc. (ACI - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Albertsons Companies, Inc. is a member of our Consumer Staples group, which includes 198 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Albertsons Companies, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ACI's full-year earnings has moved 4.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ACI has gained about 0.3% so far this year. In comparison, Consumer Staples companies have returned an average of -3.3%. As we can see, Albertsons Companies, Inc. is performing better than its sector in the calendar year.
Another stock in the Consumer Staples sector, Conagra Brands (CAG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 5.8%.
For Conagra Brands, the consensus EPS estimate for the current year has increased 9.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Albertsons Companies, Inc. belongs to the Consumer Products - Staples industry, a group that includes 29 individual stocks and currently sits at #185 in the Zacks Industry Rank.