Has Rent-A-Center (RCII) Outpaced Other Consumer Discretionary Stocks This Year?

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? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.

Rent-A-Center is a member of the Consumer Discretionary sector. This group includes 248 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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).

Within the past quarter, the Zacks Consensus Estimate for RCII's full-year earnings has moved 6.67% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, RCII has returned 29.46% so far this year. Meanwhile, stocks in the Consumer Discretionary group have gained about 13.64% on average. 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, a group that includes 11 individual stocks and currently sits at #88 in the Zacks Industry Rank. This group has gained an average of 3.61% so far this year, so RCII is performing better in this area.

Investors with an interest in Consumer Discretionary stocks should continue to track RCII. The stock will be looking to continue its solid performance.

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