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 Swedish Match (SWMAY) Outperforming Other Consumer Discretionary Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Swedish Match AB Unsponsored ADR 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? Let's take a closer look at the stock's year-to-date performance to find out.
Swedish Match AB Unsponsored ADR is one of 285 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 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 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. Swedish Match AB Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for SWMAY's full-year earnings has moved 2.2% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, SWMAY has gained about 24.4% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -40.5% on a year-to-date basis. As we can see, Swedish Match AB Unsponsored ADR is performing better than its sector in the calendar year.
Another stock in the Consumer Discretionary sector, Target Hospitality (TH - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 256.2%.
In Target Hospitality's case, the consensus EPS estimate for the current year increased 12.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Swedish Match AB Unsponsored ADR belongs to the Consumer Products - Discretionary industry, which includes 27 individual stocks and currently sits at #195 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 Swedish Match (SWMAY) Outperforming Other Consumer Discretionary Stocks This Year?
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Swedish Match AB Unsponsored ADR 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? Let's take a closer look at the stock's year-to-date performance to find out.
Swedish Match AB Unsponsored ADR is one of 285 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 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 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. Swedish Match AB Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for SWMAY's full-year earnings has moved 2.2% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, SWMAY has gained about 24.4% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -40.5% on a year-to-date basis. As we can see, Swedish Match AB Unsponsored ADR is performing better than its sector in the calendar year.
Another stock in the Consumer Discretionary sector, Target Hospitality (TH - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 256.2%.
In Target Hospitality's case, the consensus EPS estimate for the current year increased 12.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Swedish Match AB Unsponsored ADR belongs to the Consumer Products - Discretionary industry, which includes 27 individual stocks and currently sits at #195 in the Zacks Industry Rank.