Investors focused on the Consumer Staples space have likely heard of Darling Ingredients (DAR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of DAR and the rest of the Consumer Staples group's stocks.
Darling Ingredients is one of 177 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #15 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. DAR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DAR's full-year earnings has moved 60.95% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DAR has returned about 9.54% since the start of the calendar year. Meanwhile, stocks in the Consumer Staples group have lost about 8.02% on average. As we can see, Darling Ingredients is performing better than its sector in the calendar year.
To break things down more, DAR belongs to the Food - Miscellaneous industry, a group that includes 42 individual companies and currently sits at #213 in the Zacks Industry Rank. This group has lost an average of 4.75% so far this year, so DAR is performing better in this area.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to DAR as it looks to continue its solid performance.