Investors focused on the Consumer Discretionary space have likely heard of Las Vegas Sands (LVS - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
Las Vegas Sands is one of 245 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #3 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. LVS is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for LVS's full-year earnings has moved 2.15% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, LVS has moved about 28.80% on a year-to-date basis. At the same time, Consumer Discretionary stocks have gained an average of 21.56%. As we can see, Las Vegas Sands is performing better than its sector in the calendar year.
Looking more specifically, LVS belongs to the Gaming industry, a group that includes 22 individual stocks and currently sits at #159 in the Zacks Industry Rank. On average, stocks in this group have gained 28.24% this year, meaning that LVS is performing better in terms of year-to-date returns.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to LVS as it looks to continue its solid performance.