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 Academy Sports and Outdoors (ASO) Stock Outpacing Its Consumer Discretionary Peers This Year?
Read MoreHide Full Article
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Academy Sports and Outdoors, Inc. (ASO - Free Report) been one of those stocks this year? 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.
Academy Sports and Outdoors, Inc. is one of 259 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. 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 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. Academy Sports and Outdoors, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ASO's full-year earnings has moved 2.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ASO has returned about 42.5% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of -7%. As we can see, Academy Sports and Outdoors, Inc. is performing better than its sector in the calendar year.
Another stock in the Consumer Discretionary sector, Capcom Co., Ltd. (CCOEY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 20.6%.
The consensus estimate for Capcom Co., Ltd.'s current year EPS has increased 8.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Academy Sports and Outdoors, Inc. belongs to the Leisure and Recreation Products industry, which includes 24 individual stocks and currently sits at #95 in the Zacks Industry Rank. This group has lost an average of 2.5% so far this year, so ASO is performing better in this area.
In contrast, Capcom Co., Ltd. falls under the Gaming industry. Currently, this industry has 43 stocks and is ranked #159. Since the beginning of the year, the industry has moved -30.9%.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Academy Sports and Outdoors, Inc. and Capcom Co., Ltd. as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Academy Sports and Outdoors (ASO) Stock Outpacing Its Consumer Discretionary Peers 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. Has Academy Sports and Outdoors, Inc. (ASO - Free Report) been one of those stocks this year? 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.
Academy Sports and Outdoors, Inc. is one of 259 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. 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 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. Academy Sports and Outdoors, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ASO's full-year earnings has moved 2.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ASO has returned about 42.5% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of -7%. As we can see, Academy Sports and Outdoors, Inc. is performing better than its sector in the calendar year.
Another stock in the Consumer Discretionary sector, Capcom Co., Ltd. (CCOEY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 20.6%.
The consensus estimate for Capcom Co., Ltd.'s current year EPS has increased 8.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Academy Sports and Outdoors, Inc. belongs to the Leisure and Recreation Products industry, which includes 24 individual stocks and currently sits at #95 in the Zacks Industry Rank. This group has lost an average of 2.5% so far this year, so ASO is performing better in this area.
In contrast, Capcom Co., Ltd. falls under the Gaming industry. Currently, this industry has 43 stocks and is ranked #159. Since the beginning of the year, the industry has moved -30.9%.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on Academy Sports and Outdoors, Inc. and Capcom Co., Ltd. as they attempt to continue their solid performance.