We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is ASICS Corporation Unsponsored ADR (ASCCY) Outperforming Other Consumer Discretionary Stocks This Year?
Read MoreHide Full Article
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is ASICS Corporation Unsponsored ADR (ASCCY - Free Report) one of those stocks right now? 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.
ASICS Corporation Unsponsored ADR is one of 259 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #12 within 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 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. ASICS Corporation Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ASCCY's full-year earnings has moved 6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ASCCY has returned about 22.3% since the start of the calendar year. Meanwhile, the Consumer Discretionary sector has returned an average of -11% on a year-to-date basis. This means that ASICS Corporation Unsponsored ADR is outperforming the sector as a whole this year.
LuxExperience B.V. - Sponsored ADR (LUXE - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 14.3%.
The consensus estimate for LuxExperience B.V. - Sponsored ADR's current year EPS has increased 38.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, ASICS Corporation Unsponsored ADR belongs to the Leisure and Recreation Products industry, a group that includes 24 individual companies and currently sits at #76 in the Zacks Industry Rank. On average, this group has lost an average of 27.4% so far this year, meaning that ASCCY is performing better in terms of year-to-date returns.
LuxExperience B.V. - Sponsored ADR, however, belongs to the Textile - Apparel industry. Currently, this 23-stock industry is ranked #202. The industry has moved -3.1% so far this year.
ASICS Corporation Unsponsored ADR and LuxExperience B.V. - Sponsored ADR could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.
View the Zacks #1 Rank List
Image: Bigstock
Is ASICS Corporation Unsponsored ADR (ASCCY) 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. Is ASICS Corporation Unsponsored ADR (ASCCY - Free Report) one of those stocks right now? 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.
ASICS Corporation Unsponsored ADR is one of 259 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #12 within 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 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. ASICS Corporation Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ASCCY's full-year earnings has moved 6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that ASCCY has returned about 22.3% since the start of the calendar year. Meanwhile, the Consumer Discretionary sector has returned an average of -11% on a year-to-date basis. This means that ASICS Corporation Unsponsored ADR is outperforming the sector as a whole this year.
LuxExperience B.V. - Sponsored ADR (LUXE - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 14.3%.
The consensus estimate for LuxExperience B.V. - Sponsored ADR's current year EPS has increased 38.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, ASICS Corporation Unsponsored ADR belongs to the Leisure and Recreation Products industry, a group that includes 24 individual companies and currently sits at #76 in the Zacks Industry Rank. On average, this group has lost an average of 27.4% so far this year, meaning that ASCCY is performing better in terms of year-to-date returns.
LuxExperience B.V. - Sponsored ADR, however, belongs to the Textile - Apparel industry. Currently, this 23-stock industry is ranked #202. The industry has moved -3.1% so far this year.
ASICS Corporation Unsponsored ADR and LuxExperience B.V. - Sponsored ADR could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.