Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. PCM 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 PCMI and the rest of the Consumer Discretionary group's stocks.
PCM is a member of our Consumer Discretionary group, which includes 242 different companies and currently sits at #10 in the Zacks Sector Rank. 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 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. PCMI is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for PCMI's full-year earnings has moved 13.48% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, PCMI has moved about 96.97% on a year-to-date basis. Meanwhile, the Consumer Discretionary sector has returned an average of 7.33% on a year-to-date basis. This means that PCM is performing better than its sector in terms of year-to-date returns.
Looking more specifically, PCMI belongs to the Consumer Products - Discretionary industry, a group that includes 21 individual stocks and currently sits at #67 in the Zacks Industry Rank. This group has gained an average of 7.63% so far this year, so PCMI is performing better in this area.
Investors in the Consumer Discretionary sector will want to keep a close eye on PCMI as it attempts to continue its solid performance.