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 Malibu Boats (MBUU) Stock Outpacing Its Consumer Discretionary Peers This Year?
Read MoreHide Full Article
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Malibu Boats (MBUU - 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.
Malibu Boats is a member of our Consumer Discretionary group, which includes 243 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Malibu Boats is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for MBUU's full-year earnings has moved 19.1% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, MBUU has returned 0.1% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 7.6%. This means that Malibu Boats is performing better than its sector in terms of year-to-date returns.
Another stock in the Consumer Discretionary sector, Carter's (CRI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 21.4%.
For Carter's, the consensus EPS estimate for the current year has increased 31.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Malibu Boats belongs to the Leisure and Recreation Products industry, a group that includes 21 individual stocks and currently sits at #107 in the Zacks Industry Rank. Stocks in this group have gained about 0% so far this year, so MBUU is performing better this group in terms of year-to-date returns.
Carter's, however, belongs to the Shoes and Retail Apparel industry. Currently, this 7-stock industry is ranked #79. The industry has moved -23.4% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Malibu Boats and Carter's 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 Malibu Boats (MBUU) Stock Outpacing Its Consumer Discretionary Peers This Year?
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Malibu Boats (MBUU - 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.
Malibu Boats is a member of our Consumer Discretionary group, which includes 243 different companies and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Malibu Boats is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for MBUU's full-year earnings has moved 19.1% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, MBUU has returned 0.1% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 7.6%. This means that Malibu Boats is performing better than its sector in terms of year-to-date returns.
Another stock in the Consumer Discretionary sector, Carter's (CRI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 21.4%.
For Carter's, the consensus EPS estimate for the current year has increased 31.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Malibu Boats belongs to the Leisure and Recreation Products industry, a group that includes 21 individual stocks and currently sits at #107 in the Zacks Industry Rank. Stocks in this group have gained about 0% so far this year, so MBUU is performing better this group in terms of year-to-date returns.
Carter's, however, belongs to the Shoes and Retail Apparel industry. Currently, this 7-stock industry is ranked #79. The industry has moved -23.4% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Malibu Boats and Carter's as they could maintain their solid performance.