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Are Consumer Discretionary Stocks Lagging Superior Group of Companies (SGC) This Year?
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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Superior Group (SGC - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Superior Group is a member of the Consumer Discretionary sector. This group includes 261 individual stocks and currently holds a Zacks Sector Rank of #12. 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. Superior Group is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for SGC's full-year earnings has moved 9.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that SGC has returned about 28% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of -12.2%. This means that Superior Group is outperforming the sector as a whole this year.
Another stock in the Consumer Discretionary sector, American Outdoor Brands, Inc. (AOUT - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 94.1%.
Over the past three months, American Outdoor Brands, Inc.'s consensus EPS estimate for the current year has increased 45.3%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Superior Group belongs to the Textile - Apparel industry, a group that includes 22 individual companies and currently sits at #178 in the Zacks Industry Rank. This group has lost an average of 9.6% so far this year, so SGC 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 #84. The industry has moved -27.9% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Superior Group and American Outdoor Brands, Inc. as they could maintain their solid performance.
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Are Consumer Discretionary Stocks Lagging Superior Group of Companies (SGC) This Year?
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Superior Group (SGC - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Superior Group is a member of the Consumer Discretionary sector. This group includes 261 individual stocks and currently holds a Zacks Sector Rank of #12. 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. Superior Group is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for SGC's full-year earnings has moved 9.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that SGC has returned about 28% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of -12.2%. This means that Superior Group is outperforming the sector as a whole this year.
Another stock in the Consumer Discretionary sector, American Outdoor Brands, Inc. (AOUT - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 94.1%.
Over the past three months, American Outdoor Brands, Inc.'s consensus EPS estimate for the current year has increased 45.3%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Superior Group belongs to the Textile - Apparel industry, a group that includes 22 individual companies and currently sits at #178 in the Zacks Industry Rank. This group has lost an average of 9.6% so far this year, so SGC 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 #84. The industry has moved -27.9% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Superior Group and American Outdoor Brands, Inc. as they could maintain their solid performance.