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Are Consumer Discretionary Stocks Lagging Life Time Group Holdings (LTH) This Year?

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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Life Time Group Holdings, Inc. (LTH - Free Report) one of those stocks right now? 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.

Life Time Group Holdings, Inc. is one of 265 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #8 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 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. Life Time Group Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for LTH's full-year earnings has moved 2.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, LTH has gained about 17.2% so far this year. In comparison, Consumer Discretionary companies have returned an average of 4.9%. This means that Life Time Group Holdings, Inc. is outperforming the sector as a whole this year.

TAL Education (TAL - 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 16%.

The consensus estimate for TAL Education's current year EPS has increased 52.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, Life Time Group Holdings, Inc. belongs to the Leisure and Recreation Services industry, a group that includes 28 individual companies and currently sits at #148 in the Zacks Industry Rank. On average, this group has lost an average of 2.5% so far this year, meaning that LTH is performing better in terms of year-to-date returns.

On the other hand, TAL Education belongs to the Schools industry. This 19-stock industry is currently ranked #72. The industry has moved -0.8% year to date.

Investors with an interest in Consumer Discretionary stocks should continue to track Life Time Group Holdings, Inc. and TAL Education. These stocks will be looking to continue their solid performance.


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