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? One simple way to answer this question is to take a look at the year-to-date performance of MCFT and the rest of the Consumer Discretionary group's stocks.
MCBC Holdings is a member of the Consumer Discretionary sector. This group includes 258 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. MCFT is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for MCFT's full-year earnings has moved 20.18% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that MCFT has returned about 21.83% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of -2.78%. This means that MCBC Holdings is performing better than its sector in terms of year-to-date returns.
Looking more specifically, MCFT belongs to the Leisure and Recreation Products industry, a group that includes 16 individual stocks and currently sits at #44 in the Zacks Industry Rank. Stocks in this group have lost about 4.74% so far this year, so MCFT is performing better this group in terms of year-to-date returns.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to MCFT as it looks to continue its solid performance.