For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Rent-A-Center 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.
Rent-A-Center is one of 250 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in 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 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. RCII is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for RCII's full-year earnings has moved 19.50% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, RCII has moved about 7.47% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of 11.29% on a year-to-date basis. As we can see, Rent-A-Center is performing better than its sector in the calendar year.
Looking more specifically, RCII belongs to the Consumer Services - Miscellaneous industry, which includes 11 individual stocks and currently sits at #107 in the Zacks Industry Rank. On average, stocks in this group have gained 3.74% this year, meaning that RCII is performing better in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track RCII. The stock will be looking 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 >>
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Rent-A-Center 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.
Rent-A-Center is one of 250 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in 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 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. RCII is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for RCII's full-year earnings has moved 19.50% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, RCII has moved about 7.47% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of 11.29% on a year-to-date basis. As we can see, Rent-A-Center is performing better than its sector in the calendar year.
Looking more specifically, RCII belongs to the Consumer Services - Miscellaneous industry, which includes 11 individual stocks and currently sits at #107 in the Zacks Industry Rank. On average, stocks in this group have gained 3.74% this year, meaning that RCII is performing better in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track RCII. The stock will be looking 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 >>