We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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 Fox (FOXA) 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. Fox (FOXA - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Fox is one of 256 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. Fox is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for FOXA's full-year earnings has moved 1.6% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, FOXA has gained about 3.4% so far this year. In comparison, Consumer Discretionary companies have returned an average of 0.1%. This means that Fox is outperforming the sector as a whole this year.
Another Consumer Discretionary stock, which has outperformed the sector so far this year, is Liberty Media Corporation - Liberty Formula One Series A (FWONA - Free Report) . The stock has returned 4% year-to-date.
In Liberty Media Corporation - Liberty Formula One Series A's case, the consensus EPS estimate for the current year increased 50% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Fox is a member of the Broadcast Radio and Television industry, which includes 19 individual companies and currently sits at #74 in the Zacks Industry Rank. On average, stocks in this group have gained 17.3% this year, meaning that FOXA is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Liberty Media Corporation - Liberty Formula One Series A belongs to the Media Conglomerates industry. This 14-stock industry is currently ranked #49. The industry has moved -0.8% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Fox and Liberty Media Corporation - Liberty Formula One Series An as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Fox (FOXA) 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. Fox (FOXA - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Fox is one of 256 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. Fox is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for FOXA's full-year earnings has moved 1.6% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, FOXA has gained about 3.4% so far this year. In comparison, Consumer Discretionary companies have returned an average of 0.1%. This means that Fox is outperforming the sector as a whole this year.
Another Consumer Discretionary stock, which has outperformed the sector so far this year, is Liberty Media Corporation - Liberty Formula One Series A (FWONA - Free Report) . The stock has returned 4% year-to-date.
In Liberty Media Corporation - Liberty Formula One Series A's case, the consensus EPS estimate for the current year increased 50% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Fox is a member of the Broadcast Radio and Television industry, which includes 19 individual companies and currently sits at #74 in the Zacks Industry Rank. On average, stocks in this group have gained 17.3% this year, meaning that FOXA is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Liberty Media Corporation - Liberty Formula One Series A belongs to the Media Conglomerates industry. This 14-stock industry is currently ranked #49. The industry has moved -0.8% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Fox and Liberty Media Corporation - Liberty Formula One Series An as they attempt to continue their solid performance.