Investors focused on the Consumer Discretionary space have likely heard of PVH (PVH - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
PVH is a member of the Consumer Discretionary sector. This group includes 247 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. PVH is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for PVH's full-year earnings has moved 3.55% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, PVH has moved about 12.47% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 1.35% on average. This means that PVH is outperforming the sector as a whole this year.
Looking more specifically, PVH belongs to the Textile - Apparel industry, which includes 24 individual stocks and currently sits at #66 in the Zacks Industry Rank. On average, stocks in this group have gained 9.13% this year, meaning that PVH is performing better in terms of year-to-date returns.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to PVH as it looks to continue its solid performance.