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 Ambev (ABEV) Outperforming Other Consumer Staples Stocks This Year?
Read MoreHide Full Article
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Ambev (ABEV - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Ambev is one of 173 companies in the Consumer Staples group. The Consumer Staples group currently sits at #16 within 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 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. Ambev is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ABEV's full-year earnings has moved 5.6% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ABEV has returned about 27.1% since the start of the calendar year. Meanwhile, the Consumer Staples sector has returned an average of 3.6% on a year-to-date basis. This means that Ambev is outperforming the sector as a whole this year.
Another stock in the Consumer Staples sector, Darling Ingredients (DAR - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 65.6%.
Over the past three months, Darling Ingredients' consensus EPS estimate for the current year has increased 14.2%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Ambev belongs to the Beverages - Alcohol industry, which includes 14 individual stocks and currently sits at #194 in the Zacks Industry Rank. On average, this group has gained an average of 13.4% so far this year, meaning that ABEV is performing better in terms of year-to-date returns.
Darling Ingredients, however, belongs to the Food - Miscellaneous industry. Currently, this 41-stock industry is ranked #201. The industry has moved -3.6% so far this year.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Ambev and Darling Ingredients as they could maintain 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.
View the Zacks #1 Rank List
Image: Bigstock
Is Ambev (ABEV) Outperforming Other Consumer Staples Stocks This Year?
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Ambev (ABEV - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Ambev is one of 173 companies in the Consumer Staples group. The Consumer Staples group currently sits at #16 within 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 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. Ambev is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ABEV's full-year earnings has moved 5.6% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ABEV has returned about 27.1% since the start of the calendar year. Meanwhile, the Consumer Staples sector has returned an average of 3.6% on a year-to-date basis. This means that Ambev is outperforming the sector as a whole this year.
Another stock in the Consumer Staples sector, Darling Ingredients (DAR - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 65.6%.
Over the past three months, Darling Ingredients' consensus EPS estimate for the current year has increased 14.2%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Ambev belongs to the Beverages - Alcohol industry, which includes 14 individual stocks and currently sits at #194 in the Zacks Industry Rank. On average, this group has gained an average of 13.4% so far this year, meaning that ABEV is performing better in terms of year-to-date returns.
Darling Ingredients, however, belongs to the Food - Miscellaneous industry. Currently, this 41-stock industry is ranked #201. The industry has moved -3.6% so far this year.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Ambev and Darling Ingredients as they could maintain their solid performance.