We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Philip Morris International (PM) Stock Outpacing Its Consumer Staples Peers This Year?
Read MoreHide Full Article
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Philip Morris International (PM - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Philip Morris International is a member of our Consumer Staples group, which includes 179 different companies and currently sits at #9 in the Zacks Sector Rank. 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. PM is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for PM's full-year earnings has moved 0.02% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, PM has returned 23.55% so far this year. In comparison, Consumer Staples companies have returned an average of 19.37%. This shows that Philip Morris International is outperforming its peers so far this year.
Looking more specifically, PM belongs to the Tobacco industry, a group that includes 9 individual stocks and currently sits at #105 in the Zacks Industry Rank. On average, this group has gained an average of 21.34% so far this year, meaning that PM is performing better in terms of year-to-date returns.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to PM as it looks to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Philip Morris International (PM) Stock Outpacing Its Consumer Staples Peers This Year?
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Philip Morris International (PM - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.
Philip Morris International is a member of our Consumer Staples group, which includes 179 different companies and currently sits at #9 in the Zacks Sector Rank. 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. PM is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for PM's full-year earnings has moved 0.02% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, PM has returned 23.55% so far this year. In comparison, Consumer Staples companies have returned an average of 19.37%. This shows that Philip Morris International is outperforming its peers so far this year.
Looking more specifically, PM belongs to the Tobacco industry, a group that includes 9 individual stocks and currently sits at #105 in the Zacks Industry Rank. On average, this group has gained an average of 21.34% so far this year, meaning that PM is performing better in terms of year-to-date returns.
Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to PM as it looks to continue its solid performance.