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 Bassett Furniture Industries (BSET) Stock Outpacing Its Consumer Discretionary Peers 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. Has Bassett Furniture (BSET - 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.
Bassett Furniture is a member of our Consumer Discretionary group, which includes 260 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. Bassett Furniture is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for BSET's full-year earnings has moved 7.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, BSET has returned 13.4% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 6.3%. This means that Bassett Furniture is outperforming the sector as a whole this year.
Another stock in the Consumer Discretionary sector, Capcom Co., Ltd. (CCOEY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 15.6%.
The consensus estimate for Capcom Co., Ltd.'s current year EPS has increased 2.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bassett Furniture belongs to the Furniture industry, a group that includes 7 individual stocks and currently sits at #53 in the Zacks Industry Rank. This group has lost an average of 6.4% so far this year, so BSET is performing better in this area.
On the other hand, Capcom Co., Ltd. belongs to the Gaming industry. This 40-stock industry is currently ranked #185. The industry has moved -26.5% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Bassett Furniture and Capcom Co., Ltd.. These stocks will be looking to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Bassett Furniture Industries (BSET) Stock Outpacing Its Consumer Discretionary Peers 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 Bassett Furniture (BSET - 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.
Bassett Furniture is a member of our Consumer Discretionary group, which includes 260 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. Bassett Furniture is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for BSET's full-year earnings has moved 7.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, BSET has returned 13.4% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 6.3%. This means that Bassett Furniture is outperforming the sector as a whole this year.
Another stock in the Consumer Discretionary sector, Capcom Co., Ltd. (CCOEY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 15.6%.
The consensus estimate for Capcom Co., Ltd.'s current year EPS has increased 2.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bassett Furniture belongs to the Furniture industry, a group that includes 7 individual stocks and currently sits at #53 in the Zacks Industry Rank. This group has lost an average of 6.4% so far this year, so BSET is performing better in this area.
On the other hand, Capcom Co., Ltd. belongs to the Gaming industry. This 40-stock industry is currently ranked #185. The industry has moved -26.5% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Bassett Furniture and Capcom Co., Ltd.. These stocks will be looking to continue their solid performance.