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 Caleres Inc. (CAL) Outperforming Other Consumer Discretionary Stocks This Year?
Read MoreHide Full Article
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Caleres Inc. (CAL - 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.
Caleres Inc. is one of 276 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Caleres Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for CAL's full-year earnings has moved 20.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, CAL has gained about 2.3% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 2.6%. This shows that Caleres Inc. is outperforming its peers so far this year.
Another stock in the Consumer Discretionary sector, Delta Apparel , has outperformed the sector so far this year. The stock's year-to-date return is 0.9%.
For Delta Apparel, the consensus EPS estimate for the current year has increased 6.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Caleres Inc. belongs to the Shoes and Retail Apparel industry, a group that includes 12 individual stocks and currently sits at #28 in the Zacks Industry Rank.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Caleres Inc. (CAL) Outperforming Other Consumer Discretionary Stocks This Year?
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Caleres Inc. (CAL - 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.
Caleres Inc. is one of 276 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Caleres Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for CAL's full-year earnings has moved 20.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, CAL has gained about 2.3% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 2.6%. This shows that Caleres Inc. is outperforming its peers so far this year.
Another stock in the Consumer Discretionary sector, Delta Apparel , has outperformed the sector so far this year. The stock's year-to-date return is 0.9%.
For Delta Apparel, the consensus EPS estimate for the current year has increased 6.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Caleres Inc. belongs to the Shoes and Retail Apparel industry, a group that includes 12 individual stocks and currently sits at #28 in the Zacks Industry Rank.