Investors focused on the Consumer Discretionary space have likely heard of Rent-A-Center , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Rent-A-Center is one of 257 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. RCII is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for RCII's full-year earnings has moved 30.33% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, RCII has moved about 39.37% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of -15.18% on a year-to-date basis. This means that Rent-A-Center is outperforming the sector as a whole this year.
Looking more specifically, RCII belongs to the Consumer Services - Miscellaneous industry, which includes 11 individual stocks and currently sits at #34 in the Zacks Industry Rank. This group has lost an average of 17.15% so far this year, so RCII is performing better in this area.
Investors in the Consumer Discretionary sector will want to keep a close eye on RCII as it attempts 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.
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Investors focused on the Consumer Discretionary space have likely heard of Rent-A-Center , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Rent-A-Center is one of 257 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. RCII is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for RCII's full-year earnings has moved 30.33% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, RCII has moved about 39.37% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of -15.18% on a year-to-date basis. This means that Rent-A-Center is outperforming the sector as a whole this year.
Looking more specifically, RCII belongs to the Consumer Services - Miscellaneous industry, which includes 11 individual stocks and currently sits at #34 in the Zacks Industry Rank. This group has lost an average of 17.15% so far this year, so RCII is performing better in this area.
Investors in the Consumer Discretionary sector will want to keep a close eye on RCII as it attempts 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 >>