Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is lululemon athletica (LULU - 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 Discretionary peers, we might be able to answer that question.
lululemon athletica is a member of our Consumer Discretionary group, which includes 245 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. LULU is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for LULU's full-year earnings has moved 4.24% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, LULU has moved about 56.48% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of 5.66% on a year-to-date basis. This shows that lululemon athletica is outperforming its peers so far this year.
Breaking things down more, LULU is a member of the Textile - Apparel industry, which includes 24 individual companies and currently sits at #22 in the Zacks Industry Rank. On average, this group has gained an average of 23.50% so far this year, meaning that LULU is performing better in terms of year-to-date returns.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to LULU as it looks 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 >>
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is lululemon athletica (LULU - 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 Discretionary peers, we might be able to answer that question.
lululemon athletica is a member of our Consumer Discretionary group, which includes 245 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. LULU is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for LULU's full-year earnings has moved 4.24% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, LULU has moved about 56.48% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of 5.66% on a year-to-date basis. This shows that lululemon athletica is outperforming its peers so far this year.
Breaking things down more, LULU is a member of the Textile - Apparel industry, which includes 24 individual companies and currently sits at #22 in the Zacks Industry Rank. On average, this group has gained an average of 23.50% so far this year, meaning that LULU is performing better in terms of year-to-date returns.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to LULU as it looks 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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