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Is Life Time Group Holdings (LTH) Stock Outpacing Its Consumer Discretionary Peers 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. Life Time Group Holdings, Inc. (LTH - 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? 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.

Life Time Group Holdings, Inc. is a member of the Consumer Discretionary sector. This group includes 261 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. Life Time Group Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for LTH's full-year earnings has moved 7.7% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, LTH has returned 53.3% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -14.1% on a year-to-date basis. This shows that Life Time Group Holdings, Inc. is outperforming its peers so far this year.

Another stock in the Consumer Discretionary sector, Marcus (MCS - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 78.5%.

For Marcus, the consensus EPS estimate for the current year has increased 64.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Life Time Group Holdings, Inc. belongs to the Leisure and Recreation Services industry, which includes 28 individual stocks and currently sits at #198 in the Zacks Industry Rank. On average, this group has lost an average of 11.3% so far this year, meaning that LTH is performing better in terms of year-to-date returns. Marcus is also part of the same industry.

Investors with an interest in Consumer Discretionary stocks should continue to track Life Time Group Holdings, Inc. and Marcus. These stocks will be looking to continue their solid performance.

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