The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Dutch Bros (BROS - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Dutch Bros is a member of our Consumer Staples group, which includes 195 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Dutch Bros is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BROS' full-year earnings has moved 31.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, BROS has gained about 12.5% so far this year. Meanwhile, the Consumer Staples sector has returned an average of -5.8% on a year-to-date basis. As we can see, Dutch Bros is performing better than its sector in the calendar year.
One other Consumer Staples stock that has outperformed the sector so far this year is Tyson Foods (TSN - Free Report) . The stock is up 1.7% year-to-date.
Over the past three months, Tyson Foods' consensus EPS estimate for the current year has increased 21.5%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Dutch Bros belongs to the Beverages - Soft drinks industry, a group that includes 15 individual companies and currently sits at #169 in the Zacks Industry Rank. On average, stocks in this group have lost 3.3% this year, meaning that BROS is performing better in terms of year-to-date returns.
On the other hand, Tyson Foods belongs to the Food - Meat Products industry. This 6-stock industry is currently ranked #24. The industry has moved -2% year to date.
Investors interested in the Consumer Staples sector may want to keep a close eye on Dutch Bros and Tyson Foods as they attempt to continue their solid performance.
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The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Dutch Bros (BROS - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Dutch Bros is a member of our Consumer Staples group, which includes 195 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Dutch Bros is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BROS' full-year earnings has moved 31.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, BROS has gained about 12.5% so far this year. Meanwhile, the Consumer Staples sector has returned an average of -5.8% on a year-to-date basis. As we can see, Dutch Bros is performing better than its sector in the calendar year.
One other Consumer Staples stock that has outperformed the sector so far this year is Tyson Foods (TSN - Free Report) . The stock is up 1.7% year-to-date.
Over the past three months, Tyson Foods' consensus EPS estimate for the current year has increased 21.5%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Dutch Bros belongs to the Beverages - Soft drinks industry, a group that includes 15 individual companies and currently sits at #169 in the Zacks Industry Rank. On average, stocks in this group have lost 3.3% this year, meaning that BROS is performing better in terms of year-to-date returns.
On the other hand, Tyson Foods belongs to the Food - Meat Products industry. This 6-stock industry is currently ranked #24. The industry has moved -2% year to date.
Investors interested in the Consumer Staples sector may want to keep a close eye on Dutch Bros and Tyson Foods as they attempt to continue their solid performance.
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
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