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Are Consumer Discretionary Stocks Lagging ADTALEM GBL EDU (ATGE) 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. Has Adtalem Global Education (ATGE - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Adtalem Global Education is one of 261 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Adtalem Global Education is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ATGE's full-year earnings has moved 1.5% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ATGE has gained about 6.8% so far this year. In comparison, Consumer Discretionary companies have returned an average of 2.9%. This shows that Adtalem Global Education is outperforming its peers so far this year.
Another stock in the Consumer Discretionary sector, G-III Apparel Group (GIII - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 3.5%.
For G-III Apparel Group, the consensus EPS estimate for the current year has increased 6.3% 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, which includes 18 individual stocks and currently sits at #72 in the Zacks Industry Rank. On average, stocks in this group have lost 0.5% this year, meaning that ATGE is performing better in terms of year-to-date returns.
G-III Apparel Group, however, belongs to the Textile - Apparel industry. Currently, this 22-stock industry is ranked #66. The industry has moved -13% so far this year.
Investors with an interest in Consumer Discretionary stocks should continue to track Adtalem Global Education and G-III Apparel Group. These stocks will be looking to continue their solid performance.
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Are Consumer Discretionary Stocks Lagging ADTALEM GBL EDU (ATGE) 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. Has Adtalem Global Education (ATGE - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Adtalem Global Education is one of 261 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Adtalem Global Education is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ATGE's full-year earnings has moved 1.5% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ATGE has gained about 6.8% so far this year. In comparison, Consumer Discretionary companies have returned an average of 2.9%. This shows that Adtalem Global Education is outperforming its peers so far this year.
Another stock in the Consumer Discretionary sector, G-III Apparel Group (GIII - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 3.5%.
For G-III Apparel Group, the consensus EPS estimate for the current year has increased 6.3% 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, which includes 18 individual stocks and currently sits at #72 in the Zacks Industry Rank. On average, stocks in this group have lost 0.5% this year, meaning that ATGE is performing better in terms of year-to-date returns.
G-III Apparel Group, however, belongs to the Textile - Apparel industry. Currently, this 22-stock industry is ranked #66. The industry has moved -13% so far this year.
Investors with an interest in Consumer Discretionary stocks should continue to track Adtalem Global Education and G-III Apparel Group. These stocks will be looking to continue their solid performance.