Investors focused on the Consumer Discretionary space have likely heard of MCBC Holdings (MCFT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
MCBC Holdings is a member of our Consumer Discretionary group, which includes 258 different companies and currently sits at #11 in the Zacks Sector Rank. 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 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. MCFT is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for MCFT's full-year earnings has moved 17.23% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that MCFT has returned about 51.26% since the start of the calendar year. Meanwhile, stocks in the Consumer Discretionary group have gained about 0.80% on average. This means that MCBC Holdings is outperforming the sector as a whole this year.
To break things down more, MCFT belongs to the Leisure and Recreation Products industry, a group that includes 16 individual companies and currently sits at #36 in the Zacks Industry Rank. On average, stocks in this group have lost 4.17% this year, meaning that MCFT is performing better in terms of year-to-date returns.
MCFT will likely be looking to continue its solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to the company.