Back to top

Image: Bigstock

Is Las Vegas Sands (LVS) Outperforming Other Consumer Discretionary Stocks This Year?

Read MoreHide Full Article

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Las Vegas Sands (LVS - 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.

Las Vegas Sands is one of 244 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. LVS is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for LVS's full-year earnings has moved 5.59% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that LVS has returned about 20.50% since the start of the calendar year. At the same time, Consumer Discretionary stocks have gained an average of 17.67%. This means that Las Vegas Sands is outperforming the sector as a whole this year.

To break things down more, LVS belongs to the Gaming industry, a group that includes 22 individual companies and currently sits at #157 in the Zacks Industry Rank. On average, this group has gained an average of 18.17% so far this year, meaning that LVS is performing better in terms of year-to-date returns.

Investors in the Consumer Discretionary sector will want to keep a close eye on LVS as it attempts to continue its solid performance.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Las Vegas Sands Corp. (LVS) - free report >>

Published in