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 Amer Sports, Inc. (AS) Stock Outpacing Its Consumer Discretionary Peers This Year?
Read MoreHide Full Article
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Amer Sports, Inc. (AS - 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.
Amer Sports, Inc. is one of 264 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Amer Sports, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for AS' full-year earnings has moved 9.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, AS has gained about 10.4% so far this year. In comparison, Consumer Discretionary companies have returned an average of 9.2%. This means that Amer Sports, Inc. is outperforming the sector as a whole this year.
Dunelm Group (DNLMY - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 10.7%.
The consensus estimate for Dunelm Group's current year EPS has increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Amer Sports, Inc. belongs to the Leisure and Recreation Products industry, which includes 24 individual stocks and currently sits at #89 in the Zacks Industry Rank.
In contrast, Dunelm Group falls under the Textile - Home Furnishing industry. Currently, this industry has 4 stocks and is ranked #96. Since the beginning of the year, the industry has moved +7.3%.
Amer Sports, Inc. and Dunelm Group could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Amer Sports, Inc. (AS) Stock Outpacing Its Consumer Discretionary Peers This Year?
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Amer Sports, Inc. (AS - 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.
Amer Sports, Inc. is one of 264 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Amer Sports, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for AS' full-year earnings has moved 9.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, AS has gained about 10.4% so far this year. In comparison, Consumer Discretionary companies have returned an average of 9.2%. This means that Amer Sports, Inc. is outperforming the sector as a whole this year.
Dunelm Group (DNLMY - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 10.7%.
The consensus estimate for Dunelm Group's current year EPS has increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Amer Sports, Inc. belongs to the Leisure and Recreation Products industry, which includes 24 individual stocks and currently sits at #89 in the Zacks Industry Rank.
In contrast, Dunelm Group falls under the Textile - Home Furnishing industry. Currently, this industry has 4 stocks and is ranked #96. Since the beginning of the year, the industry has moved +7.3%.
Amer Sports, Inc. and Dunelm Group could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.