We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is K12 (LRN) Outperforming Other Consumer Discretionary Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has K12 (LRN - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
K12 is a member of our Consumer Discretionary group, which includes 237 different companies and currently sits at #7 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. LRN is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LRN's full-year earnings has moved 40.99% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, LRN has returned 37.35% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 4.60% on average. As we can see, K12 is performing better than its sector in the calendar year.
Looking more specifically, LRN belongs to the Schools industry, which includes 18 individual stocks and currently sits at #185 in the Zacks Industry Rank. On average, this group has gained an average of 16.16% so far this year, meaning that LRN is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on LRN as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is K12 (LRN) Outperforming Other Consumer Discretionary Stocks This Year?
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has K12 (LRN - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
K12 is a member of our Consumer Discretionary group, which includes 237 different companies and currently sits at #7 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. LRN is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LRN's full-year earnings has moved 40.99% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, LRN has returned 37.35% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 4.60% on average. As we can see, K12 is performing better than its sector in the calendar year.
Looking more specifically, LRN belongs to the Schools industry, which includes 18 individual stocks and currently sits at #185 in the Zacks Industry Rank. On average, this group has gained an average of 16.16% so far this year, meaning that LRN is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on LRN as it attempts to continue its solid performance.