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Is Duluth Holdings (DLTH) Outperforming Other Consumer Discretionary Stocks This Year?
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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Duluth Holdings (DLTH - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
Duluth Holdings is a member of our Consumer Discretionary group, which includes 242 different companies and currently sits at #11 in 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 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. DLTH is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for DLTH's full-year earnings has moved 2.95% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that DLTH has returned about 75.13% since the start of the calendar year. Meanwhile, the Consumer Discretionary sector has returned an average of 6.84% on a year-to-date basis. As we can see, Duluth Holdings is performing better than its sector in the calendar year.
To break things down more, DLTH belongs to the Textile - Apparel industry, a group that includes 24 individual companies and currently sits at #30 in the Zacks Industry Rank. On average, this group has gained an average of 24.94% so far this year, meaning that DLTH is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on DLTH as it attempts to continue its solid performance.
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Is Duluth Holdings (DLTH) 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. Has Duluth Holdings (DLTH - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
Duluth Holdings is a member of our Consumer Discretionary group, which includes 242 different companies and currently sits at #11 in 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 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. DLTH is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for DLTH's full-year earnings has moved 2.95% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that DLTH has returned about 75.13% since the start of the calendar year. Meanwhile, the Consumer Discretionary sector has returned an average of 6.84% on a year-to-date basis. As we can see, Duluth Holdings is performing better than its sector in the calendar year.
To break things down more, DLTH belongs to the Textile - Apparel industry, a group that includes 24 individual companies and currently sits at #30 in the Zacks Industry Rank. On average, this group has gained an average of 24.94% so far this year, meaning that DLTH is performing better in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on DLTH as it attempts to continue its solid performance.