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Is MCBC Holdings (MCFT) Outperforming Other Consumer Discretionary Stocks This Year?
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Investors focused on the Consumer Discretionary space have likely heard of MCBC Holdings (MCFT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
MCBC Holdings is a member of the Consumer Discretionary sector. This group includes 242 individual stocks and currently holds a Zacks Sector Rank of #11. 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. MCFT is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for MCFT's full-year earnings has moved 17.23% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, MCFT has returned 49.51% so far this year. In comparison, Consumer Discretionary companies have returned an average of -0.68%. This means that MCBC Holdings is outperforming the sector as a whole this year.
Breaking things down more, MCFT is a member of the Leisure and Recreation Products industry, which includes 15 individual companies and currently sits at #22 in the Zacks Industry Rank. On average, stocks in this group have gained 0.55% this year, meaning that MCFT is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on MCFT as it attempts to continue its solid performance.
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Is MCBC Holdings (MCFT) Outperforming Other Consumer Discretionary Stocks This Year?
Investors focused on the Consumer Discretionary space have likely heard of MCBC Holdings (MCFT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
MCBC Holdings is a member of the Consumer Discretionary sector. This group includes 242 individual stocks and currently holds a Zacks Sector Rank of #11. 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. MCFT is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for MCFT's full-year earnings has moved 17.23% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, MCFT has returned 49.51% so far this year. In comparison, Consumer Discretionary companies have returned an average of -0.68%. This means that MCBC Holdings is outperforming the sector as a whole this year.
Breaking things down more, MCFT is a member of the Leisure and Recreation Products industry, which includes 15 individual companies and currently sits at #22 in the Zacks Industry Rank. On average, stocks in this group have gained 0.55% this year, meaning that MCFT is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on MCFT as it attempts to continue its solid performance.