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Is Life Time Group Holdings (LTH) Stock Outpacing Its Consumer Discretionary Peers This Year?

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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Life Time Group Holdings, Inc. (LTH - Free Report) been one of those stocks this year? 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 a member of the Consumer Discretionary sector. This group includes 264 individual stocks and currently holds a Zacks Sector Rank of #12. 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 #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for LTH's full-year earnings has moved 4.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, LTH has moved about 26.2% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of 1.2%. This means that Life Time Group Holdings, Inc. is outperforming the sector as a whole this year.

Another stock in the Consumer Discretionary sector, Perdoceo Education (PRDO - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 5.6%.

Over the past three months, Perdoceo Education's consensus EPS estimate for the current year has increased 1.2%. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Life Time Group Holdings, Inc. belongs to the Leisure and Recreation Services industry, which includes 28 individual stocks and currently sits at #96 in the Zacks Industry Rank. This group has lost an average of 3.2% so far this year, so LTH is performing better in this area.

On the other hand, Perdoceo Education belongs to the Schools industry. This 19-stock industry is currently ranked #65. The industry has moved -5.7% year to date.

Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Life Time Group Holdings, Inc. and Perdoceo Education as they could maintain their solid performance.


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