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Is Las Vegas Sands (LVS) Outperforming Other Consumer Discretionary Stocks This Year?

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Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Las Vegas Sands (LVS - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Las Vegas Sands is one of 246 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. LVS is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for LVS's full-year earnings has moved 8.72% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, LVS has gained about 14.86% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of 2.85% on a year-to-date basis. This means that Las Vegas Sands is performing better than its sector in terms of year-to-date returns.

Breaking things down more, LVS is a member of the Gaming industry, which includes 21 individual companies and currently sits at #100 in the Zacks Industry Rank. On average, this group has gained an average of 9.83% so far this year, meaning that LVS is performing better in terms of year-to-date returns.

Investors with an interest in Consumer Discretionary stocks should continue to track LVS. The stock will be looking to continue its solid performance.


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