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Is Vista Outdoor (VSTO) Outperforming Other Consumer Discretionary Stocks This Year?

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Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Vista Outdoor (VSTO - 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.

Vista Outdoor is one of 273 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #9 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. VSTO is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for VSTO's full-year earnings has moved 0.16% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, VSTO has moved about 79.76% on a year-to-date basis. At the same time, Consumer Discretionary stocks have lost an average of 4.82%. This shows that Vista Outdoor is outperforming its peers so far this year.

Breaking things down more, VSTO is a member of the Leisure and Recreation Products industry, which includes 21 individual companies and currently sits at #40 in the Zacks Industry Rank. Stocks in this group have lost about 39.55% so far this year, so VSTO is performing better this group in terms of year-to-date returns.

VSTO 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.


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