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.
Has ADTALEM GBL EDU (ATGE) Outpaced Other Consumer Discretionary Stocks This Year?
Read MoreHide Full Article
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Adtalem Global Education been one of those stocks this year? 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.
Adtalem Global Education is one of 265 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #8 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Adtalem Global Education is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ATGE's full-year earnings has moved 4.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ATGE has gained about 7.9% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -2.9% on a year-to-date basis. As we can see, Adtalem Global Education is performing better than its sector in the calendar year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is Ralph Lauren (RL - Free Report) . The stock is up 38.4% year-to-date.
For Ralph Lauren, the consensus EPS estimate for the current year has increased 8.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Adtalem Global Education belongs to the Schools industry, a group that includes 19 individual stocks and currently sits at #173 in the Zacks Industry Rank. This group has lost an average of 0.5% so far this year, so ATGE is performing better in this area.
On the other hand, Ralph Lauren belongs to the Textile - Apparel industry. This 22-stock industry is currently ranked #193. The industry has moved -19.3% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Adtalem Global Education and Ralph Lauren as they attempt to continue their solid performance.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
Has ADTALEM GBL EDU (ATGE) Outpaced Other Consumer Discretionary Stocks This Year?
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Adtalem Global Education been one of those stocks this year? 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.
Adtalem Global Education is one of 265 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #8 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Adtalem Global Education is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ATGE's full-year earnings has moved 4.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ATGE has gained about 7.9% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -2.9% on a year-to-date basis. As we can see, Adtalem Global Education is performing better than its sector in the calendar year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is Ralph Lauren (RL - Free Report) . The stock is up 38.4% year-to-date.
For Ralph Lauren, the consensus EPS estimate for the current year has increased 8.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Adtalem Global Education belongs to the Schools industry, a group that includes 19 individual stocks and currently sits at #173 in the Zacks Industry Rank. This group has lost an average of 0.5% so far this year, so ATGE is performing better in this area.
On the other hand, Ralph Lauren belongs to the Textile - Apparel industry. This 22-stock industry is currently ranked #193. The industry has moved -19.3% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Adtalem Global Education and Ralph Lauren as they attempt to continue their solid performance.