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Is Las Vegas Sands (LVS) Outperforming Other Consumer Discretionary Stocks This Year?

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Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Las Vegas Sands (LVS - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Las Vegas Sands is one of 249 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. LVS is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for LVS's full-year earnings has moved 3.34% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, LVS has gained about 4.09% so far this year. In comparison, Consumer Discretionary companies have returned an average of -1.04%. As we can see, Las Vegas Sands is performing better than its sector in the calendar year.

Looking more specifically, LVS belongs to the Gaming industry, a group that includes 22 individual stocks and currently sits at #102 in the Zacks Industry Rank. This group has gained an average of 2.36% so far this year, so LVS is performing better in this area.

Investors with an interest in Consumer Discretionary stocks should continue to track LVS. The stock will be looking to continue its solid performance.


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