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Are Consumer Staples Stocks Lagging Campbell Soup (CPB) This Year?

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For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Campbell Soup (CPB - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Campbell Soup is a member of the Consumer Staples sector. This group includes 199 individual stocks and currently holds a Zacks Sector Rank of #13. 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 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. Campbell Soup is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for CPB's full-year earnings has moved 1.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that CPB has returned about 14% since the start of the calendar year. In comparison, Consumer Staples companies have returned an average of -3.7%. This means that Campbell Soup is outperforming the sector as a whole this year.

Another stock in the Consumer Staples sector, PepsiCo (PEP - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 0.1%.

Over the past three months, PepsiCo's consensus EPS estimate for the current year has increased 0.1%. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Campbell Soup is a member of the Food - Miscellaneous industry, which includes 50 individual companies and currently sits at #101 in the Zacks Industry Rank. This group has gained an average of 1.7% so far this year, so CPB is performing better in this area.

In contrast, PepsiCo falls under the Beverages - Soft drinks industry. Currently, this industry has 16 stocks and is ranked #139. Since the beginning of the year, the industry has moved +2.1%.

Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Campbell Soup and PepsiCo as they could maintain their solid performance.

In-Depth Zacks Research for the Tickers Above

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PepsiCo, Inc. (PEP) - free report >>

Campbell Soup Company (CPB) - free report >>

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