Investors focused on the Consumer Discretionary space have likely heard of Tailored Brands , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Tailored Brands is a member of our Consumer Discretionary group, which includes 249 different companies and currently sits at #10 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. TLRD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for TLRD's full-year earnings has moved 15.42% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, TLRD has moved about 41.46% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of 0.47%. As we can see, Tailored Brands is performing better than its sector in the calendar year.
To break things down more, TLRD belongs to the Textile - Apparel industry, a group that includes 24 individual companies and currently sits at #83 in the Zacks Industry Rank. Stocks in this group have gained about 9.94% so far this year, so TLRD is performing better this group in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track TLRD. The stock will be looking to continue its solid performance.
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Has Tailored Brands (TLRD) Outpaced Other Consumer Discretionary Stocks This Year?
Investors focused on the Consumer Discretionary space have likely heard of Tailored Brands , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Tailored Brands is a member of our Consumer Discretionary group, which includes 249 different companies and currently sits at #10 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. TLRD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for TLRD's full-year earnings has moved 15.42% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, TLRD has moved about 41.46% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of 0.47%. As we can see, Tailored Brands is performing better than its sector in the calendar year.
To break things down more, TLRD belongs to the Textile - Apparel industry, a group that includes 24 individual companies and currently sits at #83 in the Zacks Industry Rank. Stocks in this group have gained about 9.94% so far this year, so TLRD is performing better this group in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track TLRD. The stock will be looking to continue its solid performance.