Investors focused on the Consumer Staples space have likely heard of Turning Point Brands (TPB Quick QuoteTPB - Free Report) , 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.

Turning Point Brands is a member of the Consumer Staples sector. This group includes 176 individual stocks and currently holds a Zacks Sector Rank of #16. 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 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. TPB is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for TPB's full-year earnings has moved 7.41% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, TPB has gained about 58.07% so far this year. At the same time, Consumer Staples stocks have lost an average of 7.08%. This means that Turning Point Brands is performing better than its sector in terms of year-to-date returns.

Looking more specifically, TPB belongs to the Tobacco industry, which includes 9 individual stocks and currently sits at #242 in the Zacks Industry Rank. Stocks in this group have lost about 19.75% so far this year, so TPB is performing better this group in terms of year-to-date returns.

Investors with an interest in Consumer Staples stocks should continue to track TPB. The stock will be looking to continue its solid performance.