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 244 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #7 within 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 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. 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 8.01% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, LVS has gained about 6.71% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of 15.19% on a year-to-date basis. This means that Las Vegas Sands is performing better than its sector in terms of year-to-date returns.
To break things down more, LVS belongs to the Gaming industry, a group that includes 22 individual companies and currently sits at #179 in the Zacks Industry Rank. This group has gained an average of 9.96% so far this year, so LVS is slightly underperforming its industry in this area.
LVS 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.