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 Atlanta Braves Holdings, Inc. (BATRA) Outperforming Other Consumer Discretionary Stocks This Year?
Read MoreHide Full Article
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Atlanta Braves Holdings, Inc. (BATRA - Free Report) one of those stocks right now? 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.
Atlanta Braves Holdings, Inc. is one of 246 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #3 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. Atlanta Braves Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for BATRA's full-year earnings has moved 205.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that BATRA has returned about 27.4% since the start of the calendar year. Meanwhile, stocks in the Consumer Discretionary group have lost about 2.8% on average. As we can see, Atlanta Braves Holdings, Inc. 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 AMC Entertainment (AMC - Free Report) . The stock is up 17.3% year-to-date.
Over the past three months, AMC Entertainment's consensus EPS estimate for the current year has increased 3%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Atlanta Braves Holdings, Inc. belongs to the Media Conglomerates industry, a group that includes 20 individual stocks and currently sits at #25 in the Zacks Industry Rank. This group has lost an average of 8.2% so far this year, so BATRA is performing better in this area.
In contrast, AMC Entertainment falls under the Leisure and Recreation Services industry. Currently, this industry has 28 stocks and is ranked #158. Since the beginning of the year, the industry has moved -1.2%.
Atlanta Braves Holdings, Inc. and AMC Entertainment could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.
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 Atlanta Braves Holdings, Inc. (BATRA) Outperforming Other Consumer Discretionary Stocks This Year?
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Atlanta Braves Holdings, Inc. (BATRA - Free Report) one of those stocks right now? 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.
Atlanta Braves Holdings, Inc. is one of 246 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #3 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. Atlanta Braves Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for BATRA's full-year earnings has moved 205.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that BATRA has returned about 27.4% since the start of the calendar year. Meanwhile, stocks in the Consumer Discretionary group have lost about 2.8% on average. As we can see, Atlanta Braves Holdings, Inc. 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 AMC Entertainment (AMC - Free Report) . The stock is up 17.3% year-to-date.
Over the past three months, AMC Entertainment's consensus EPS estimate for the current year has increased 3%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Atlanta Braves Holdings, Inc. belongs to the Media Conglomerates industry, a group that includes 20 individual stocks and currently sits at #25 in the Zacks Industry Rank. This group has lost an average of 8.2% so far this year, so BATRA is performing better in this area.
In contrast, AMC Entertainment falls under the Leisure and Recreation Services industry. Currently, this industry has 28 stocks and is ranked #158. Since the beginning of the year, the industry has moved -1.2%.
Atlanta Braves Holdings, Inc. and AMC Entertainment could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.