Investors focused on the Consumer Staples space have likely heard of Darling Ingredients (DAR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Darling Ingredients is one of 176 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #15 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. DAR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DAR's full-year earnings has moved 60.95% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, DAR has moved about 10.31% on a year-to-date basis. Meanwhile, stocks in the Consumer Staples group have lost about 6.56% on average. This shows that Darling Ingredients is outperforming its peers so far this year.
Looking more specifically, DAR belongs to the Food - Miscellaneous industry, which includes 42 individual stocks and currently sits at #212 in the Zacks Industry Rank. This group has lost an average of 5.33% so far this year, so DAR is performing better in this area.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to DAR 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 focused on the Consumer Staples space have likely heard of Darling Ingredients (DAR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Darling Ingredients is one of 176 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #15 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. DAR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DAR's full-year earnings has moved 60.95% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, DAR has moved about 10.31% on a year-to-date basis. Meanwhile, stocks in the Consumer Staples group have lost about 6.56% on average. This shows that Darling Ingredients is outperforming its peers so far this year.
Looking more specifically, DAR belongs to the Food - Miscellaneous industry, which includes 42 individual stocks and currently sits at #212 in the Zacks Industry Rank. This group has lost an average of 5.33% so far this year, so DAR is performing better in this area.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to DAR 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 >>
Get the latest research report on DAR - FREE