The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Weight Watchers International (WTW - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of WTW and the rest of the Consumer Discretionary group's stocks.
Weight Watchers International is one of 247 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 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. WTW is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for WTW's full-year earnings has moved 10.66% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, WTW has returned 78.46% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 1.38%. This shows that Weight Watchers International is outperforming its peers so far this year.
Breaking things down more, WTW is a member of the Conusmer Services - Miscellaneous industry, which includes 9 individual companies and currently sits at #65 in the Zacks Industry Rank. On average, this group has gained an average of 18.66% so far this year, meaning that WTW is performing better in terms of year-to-date returns.
WTW will likely be looking to continue its solid performance, so investors interested Consumer Discretionary stocks should continue to pay close attention to the company.