Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Guess? (GES - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.
Guess? is a member of the Consumer Discretionary sector. This group includes 243 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. GES is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for GES's full-year earnings has moved 2.98% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, GES has returned 21.98% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 0.41% on average. This shows that Guess? is outperforming its peers so far this year.
To break things down more, GES belongs to the Textile - Apparel industry, a group that includes 12 individual companies and currently sits at #43 in the Zacks Industry Rank. On average, this group has gained an average of 14.64% so far this year, meaning that GES is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on GES as it attempts to continue its solid performance.