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Are Consumer Staples Stocks Lagging Archer Daniels Midland (ADM) This Year?
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The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Archer Daniels Midland (ADM - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.
Archer Daniels Midland is one of 185 companies in the Consumer Staples group. The Consumer Staples group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Archer Daniels Midland is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ADM's full-year earnings has moved 22.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ADM has gained about 43.2% so far this year. In comparison, Consumer Staples companies have returned an average of 7.9%. This means that Archer Daniels Midland is performing better than its sector in terms of year-to-date returns.
Another Consumer Staples stock, which has outperformed the sector so far this year, is Ryohin Keikaku Co. Ltd. (RYKKY - Free Report) . The stock has returned 43.7% year-to-date.
For Ryohin Keikaku Co. Ltd., the consensus EPS estimate for the current year has increased 8.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Archer Daniels Midland belongs to the Agriculture - Operations industry, which includes 11 individual stocks and currently sits at #172 in the Zacks Industry Rank. Stocks in this group have gained about 22% so far this year, so ADM is performing better this group in terms of year-to-date returns.
In contrast, Ryohin Keikaku Co. Ltd. falls under the Consumer Products - Staples industry. Currently, this industry has 35 stocks and is ranked #172. Since the beginning of the year, the industry has moved +1.7%.
Investors with an interest in Consumer Staples stocks should continue to track Archer Daniels Midland and Ryohin Keikaku Co. Ltd.. These stocks will be looking to continue their solid performance.
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Are Consumer Staples Stocks Lagging Archer Daniels Midland (ADM) This Year?
The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Archer Daniels Midland (ADM - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.
Archer Daniels Midland is one of 185 companies in the Consumer Staples group. The Consumer Staples group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Archer Daniels Midland is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ADM's full-year earnings has moved 22.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ADM has gained about 43.2% so far this year. In comparison, Consumer Staples companies have returned an average of 7.9%. This means that Archer Daniels Midland is performing better than its sector in terms of year-to-date returns.
Another Consumer Staples stock, which has outperformed the sector so far this year, is Ryohin Keikaku Co. Ltd. (RYKKY - Free Report) . The stock has returned 43.7% year-to-date.
For Ryohin Keikaku Co. Ltd., the consensus EPS estimate for the current year has increased 8.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Archer Daniels Midland belongs to the Agriculture - Operations industry, which includes 11 individual stocks and currently sits at #172 in the Zacks Industry Rank. Stocks in this group have gained about 22% so far this year, so ADM is performing better this group in terms of year-to-date returns.
In contrast, Ryohin Keikaku Co. Ltd. falls under the Consumer Products - Staples industry. Currently, this industry has 35 stocks and is ranked #172. Since the beginning of the year, the industry has moved +1.7%.
Investors with an interest in Consumer Staples stocks should continue to track Archer Daniels Midland and Ryohin Keikaku Co. Ltd.. These stocks will be looking to continue their solid performance.