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Is Escalade (ESCA) Outperforming Other Consumer Discretionary Stocks 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. Escalade (ESCA - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Escalade is a member of our Consumer Discretionary group, which includes 261 different companies and currently sits at #12 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. Escalade is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ESCA's full-year earnings has moved 44.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ESCA has gained about 52.9% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -11% on a year-to-date basis. This means that Escalade is outperforming the sector as a whole this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is GameSquare Holdings, Inc. (GAME - Free Report) . The stock is up 1% year-to-date.
For GameSquare Holdings, Inc., the consensus EPS estimate for the current year has increased 200% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Escalade belongs to the Leisure and Recreation Products industry, a group that includes 24 individual stocks and currently sits at #103 in the Zacks Industry Rank. On average, this group has lost an average of 27.5% so far this year, meaning that ESCA is performing better in terms of year-to-date returns.
On the other hand, GameSquare Holdings, Inc. belongs to the Gaming industry. This 41-stock industry is currently ranked #193. The industry has moved -27.4% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Escalade and GameSquare Holdings, Inc.. These stocks will be looking to continue their solid performance.
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Is Escalade (ESCA) 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. Escalade (ESCA - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Escalade is a member of our Consumer Discretionary group, which includes 261 different companies and currently sits at #12 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. Escalade is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ESCA's full-year earnings has moved 44.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ESCA has gained about 52.9% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -11% on a year-to-date basis. This means that Escalade is outperforming the sector as a whole this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is GameSquare Holdings, Inc. (GAME - Free Report) . The stock is up 1% year-to-date.
For GameSquare Holdings, Inc., the consensus EPS estimate for the current year has increased 200% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Escalade belongs to the Leisure and Recreation Products industry, a group that includes 24 individual stocks and currently sits at #103 in the Zacks Industry Rank. On average, this group has lost an average of 27.5% so far this year, meaning that ESCA is performing better in terms of year-to-date returns.
On the other hand, GameSquare Holdings, Inc. belongs to the Gaming industry. This 41-stock industry is currently ranked #193. The industry has moved -27.4% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Escalade and GameSquare Holdings, Inc.. These stocks will be looking to continue their solid performance.