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Is Escalade (ESCA) 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. Is Escalade (ESCA - 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.
Escalade is one of 261 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Escalade is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ESCA's full-year earnings has moved 44.4% higher within the past quarter. 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 43.1% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -14.3% on a year-to-date basis. This shows that Escalade is outperforming its peers so far this year.
Another stock in the Consumer Discretionary sector, GameSquare Holdings, Inc. (GAME - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 1.6%.
The consensus estimate for GameSquare Holdings, Inc.'s current year EPS has increased 200% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Escalade belongs to the Leisure and Recreation Products industry, a group that includes 24 individual companies and currently sits at #104 in the Zacks Industry Rank. On average, this group has lost an average of 31.1% so far this year, meaning that ESCA is performing better in terms of year-to-date returns.
In contrast, GameSquare Holdings, Inc. falls under the Gaming industry. Currently, this industry has 41 stocks and is ranked #169. Since the beginning of the year, the industry has moved -31.7%.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Escalade and GameSquare Holdings, Inc. as they attempt to continue their solid performance.
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Is Escalade (ESCA) 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. Is Escalade (ESCA - 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.
Escalade is one of 261 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Escalade is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ESCA's full-year earnings has moved 44.4% higher within the past quarter. 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 43.1% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -14.3% on a year-to-date basis. This shows that Escalade is outperforming its peers so far this year.
Another stock in the Consumer Discretionary sector, GameSquare Holdings, Inc. (GAME - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 1.6%.
The consensus estimate for GameSquare Holdings, Inc.'s current year EPS has increased 200% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Escalade belongs to the Leisure and Recreation Products industry, a group that includes 24 individual companies and currently sits at #104 in the Zacks Industry Rank. On average, this group has lost an average of 31.1% so far this year, meaning that ESCA is performing better in terms of year-to-date returns.
In contrast, GameSquare Holdings, Inc. falls under the Gaming industry. Currently, this industry has 41 stocks and is ranked #169. Since the beginning of the year, the industry has moved -31.7%.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Escalade and GameSquare Holdings, Inc. as they attempt to continue their solid performance.