Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Rocky Brands (RCKY - 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.
Rocky Brands is a member of our Consumer Discretionary group, which includes 247 different companies and currently sits at #13 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. RCKY is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for RCKY's full-year earnings has moved 28.20% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, RCKY has gained about 42.86% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 2.29%. As we can see, Rocky Brands is performing better than its sector in the calendar year.
To break things down more, RCKY belongs to the Shoes and Retail Apparel industry, a group that includes 15 individual companies and currently sits at #65 in the Zacks Industry Rank. This group has gained an average of 10.83% so far this year, so RCKY is performing better in this area.
RCKY will likely be looking to continue its solid performance, so investors interested Consumer Discretionary stocks should continue to pay close attention to the company.
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 >>
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Rocky Brands (RCKY - 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.
Rocky Brands is a member of our Consumer Discretionary group, which includes 247 different companies and currently sits at #13 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. RCKY is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for RCKY's full-year earnings has moved 28.20% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, RCKY has gained about 42.86% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 2.29%. As we can see, Rocky Brands is performing better than its sector in the calendar year.
To break things down more, RCKY belongs to the Shoes and Retail Apparel industry, a group that includes 15 individual companies and currently sits at #65 in the Zacks Industry Rank. This group has gained an average of 10.83% so far this year, so RCKY is performing better in this area.
RCKY will likely be looking to continue its solid performance, so investors interested Consumer Discretionary stocks should continue to pay close attention to the company.
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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