Is PVH Stock Outpacing Its Consumer Discretionary Peers This Year?

PVH

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has PVH (PVH - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.

PVH is one of 495 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #10 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. PVH is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for PVH's full-year earnings has moved 4.38% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, PVH has moved about 16.49% on a year-to-date basis. At the same time, Consumer Discretionary stocks have gained an average of 0.31%. This means that PVH is outperforming the sector as a whole this year.

To break things down more, PVH belongs to the Textile - Apparel industry, a group that includes 44 individual companies and currently sits at #98 in the Zacks Industry Rank. On average, stocks in this group have gained 8.47% this year, meaning that PVH is performing better in terms of year-to-date returns.

PVH will likely be looking to continue its solid performance, so investors interested Consumer Discretionary stocks should continue to pay close attention to the company.

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