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) Stock Outpacing Its Consumer Staples Peers This Year?
Read MoreHide Full Article
The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Ambev is a member of our Consumer Staples group, which includes 173 different companies and currently sits at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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).
Over the past three months, the Zacks Consensus Estimate for ABEV's full-year earnings has moved 5.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ABEV has gained about 17.4% so far this year. Meanwhile, stocks in the Consumer Staples group have gained about 5.6% on average. This means that Ambev is performing better than its sector in terms of year-to-date returns.
Another Consumer Staples stock, which has outperformed the sector so far this year, is Chefs' Warehouse (CHEF - Free Report) . The stock has returned 26.5% year-to-date.
For Chefs' Warehouse, the consensus EPS estimate for the current year has increased 7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Ambev belongs to the Beverages - Alcohol industry, a group that includes 14 individual stocks and currently sits at #197 in the Zacks Industry Rank. On average, stocks in this group have gained 9.8% this year, meaning that ABEV is performing better in terms of year-to-date returns.
Chefs' Warehouse, however, belongs to the Food - Miscellaneous industry. Currently, this 41-stock industry is ranked #205. The industry has moved -2.5% so far this year.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Ambev and Chefs' Warehouse 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) Stock Outpacing Its Consumer Staples Peers This Year?
The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Ambev is a member of our Consumer Staples group, which includes 173 different companies and currently sits at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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).
Over the past three months, the Zacks Consensus Estimate for ABEV's full-year earnings has moved 5.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ABEV has gained about 17.4% so far this year. Meanwhile, stocks in the Consumer Staples group have gained about 5.6% on average. This means that Ambev is performing better than its sector in terms of year-to-date returns.
Another Consumer Staples stock, which has outperformed the sector so far this year, is Chefs' Warehouse (CHEF - Free Report) . The stock has returned 26.5% year-to-date.
For Chefs' Warehouse, the consensus EPS estimate for the current year has increased 7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Ambev belongs to the Beverages - Alcohol industry, a group that includes 14 individual stocks and currently sits at #197 in the Zacks Industry Rank. On average, stocks in this group have gained 9.8% this year, meaning that ABEV is performing better in terms of year-to-date returns.
Chefs' Warehouse, however, belongs to the Food - Miscellaneous industry. Currently, this 41-stock industry is ranked #205. The industry has moved -2.5% so far this year.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Ambev and Chefs' Warehouse as they could maintain their solid performance.