The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Kimberly-Clark (KMB - 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 Staples peers, we might be able to answer that question.
Kimberly-Clark is a member of the Consumer Staples sector. This group includes 165 individual stocks and currently holds a Zacks Sector Rank of #12. 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 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. KMB is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for KMB's full-year earnings has moved 1.06% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, KMB has moved about 14.29% on a year-to-date basis. Meanwhile, the Consumer Staples sector has returned an average of 13.43% on a year-to-date basis. This means that Kimberly-Clark is performing better than its sector in terms of year-to-date returns.
Looking more specifically, KMB belongs to the Consumer Products - Staples industry, a group that includes 9 individual stocks and currently sits at #162 in the Zacks Industry Rank. On average, this group has gained an average of 10.13% so far this year, meaning that KMB is performing better in terms of year-to-date returns.
KMB will likely be looking to continue its solid performance, so investors interested in Consumer Staples stocks should continue to pay close attention to the company.