The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Darling Ingredients (DAR - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.
Darling Ingredients is one of 186 companies in the Consumer Staples group. The Consumer Staples group currently sits at #6 within 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DAR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for DAR's full-year earnings has moved 22.32% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, DAR has moved about 27.08% on a year-to-date basis. Meanwhile, stocks in the Consumer Staples group have gained about 2.96% on average. This means that Darling Ingredients is outperforming the sector as a whole this year.
Breaking things down more, DAR is a member of the Food - Miscellaneous industry, which includes 47 individual companies and currently sits at #168 in the Zacks Industry Rank. On average, stocks in this group have gained 3.04% this year, meaning that DAR is performing better in terms of year-to-date returns.
Investors in the Consumer Staples sector will want to keep a close eye on DAR as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Darling Ingredients (DAR - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.
Darling Ingredients is one of 186 companies in the Consumer Staples group. The Consumer Staples group currently sits at #6 within 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DAR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for DAR's full-year earnings has moved 22.32% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, DAR has moved about 27.08% on a year-to-date basis. Meanwhile, stocks in the Consumer Staples group have gained about 2.96% on average. This means that Darling Ingredients is outperforming the sector as a whole this year.
Breaking things down more, DAR is a member of the Food - Miscellaneous industry, which includes 47 individual companies and currently sits at #168 in the Zacks Industry Rank. On average, stocks in this group have gained 3.04% this year, meaning that DAR is performing better in terms of year-to-date returns.
Investors in the Consumer Staples sector will want to keep a close eye on DAR as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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