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Are Consumer Discretionary Stocks Lagging Cintas (CTAS) This Year?
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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cintas (CTAS - Free Report) been one of those stocks this year? 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.
Cintas is a member of our Consumer Discretionary group, which includes 260 different companies and currently sits at #9 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. Cintas is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CTAS' full-year earnings has moved 1.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CTAS has moved about 6.1% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of -7.3%. This means that Cintas is performing better than its sector in terms of year-to-date returns.
Another Consumer Discretionary stock, which has outperformed the sector so far this year, is American Outdoor Brands, Inc. (AOUT - Free Report) . The stock has returned 49.2% year-to-date.
In American Outdoor Brands, Inc.'s case, the consensus EPS estimate for the current year increased 46.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Cintas belongs to the Textile - Apparel industry, a group that includes 22 individual companies and currently sits at #146 in the Zacks Industry Rank. This group has lost an average of 4.1% so far this year, so CTAS is performing better in this area.
American Outdoor Brands, Inc., however, belongs to the Leisure and Recreation Products industry. Currently, this 24-stock industry is ranked #78. The industry has moved -11% so far this year.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Cintas and American Outdoor Brands, Inc. as they attempt to continue their solid performance.
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Are Consumer Discretionary Stocks Lagging Cintas (CTAS) This Year?
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cintas (CTAS - Free Report) been one of those stocks this year? 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.
Cintas is a member of our Consumer Discretionary group, which includes 260 different companies and currently sits at #9 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. Cintas is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CTAS' full-year earnings has moved 1.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CTAS has moved about 6.1% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of -7.3%. This means that Cintas is performing better than its sector in terms of year-to-date returns.
Another Consumer Discretionary stock, which has outperformed the sector so far this year, is American Outdoor Brands, Inc. (AOUT - Free Report) . The stock has returned 49.2% year-to-date.
In American Outdoor Brands, Inc.'s case, the consensus EPS estimate for the current year increased 46.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Cintas belongs to the Textile - Apparel industry, a group that includes 22 individual companies and currently sits at #146 in the Zacks Industry Rank. This group has lost an average of 4.1% so far this year, so CTAS is performing better in this area.
American Outdoor Brands, Inc., however, belongs to the Leisure and Recreation Products industry. Currently, this 24-stock industry is ranked #78. The industry has moved -11% so far this year.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Cintas and American Outdoor Brands, Inc. as they attempt to continue their solid performance.