Investors focused on the Consumer Discretionary space have likely heard of SeaWorld Entertainment , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of SEAS and the rest of the Consumer Discretionary group's stocks.
SeaWorld Entertainment is a member of our Consumer Discretionary group, which includes 244 different companies and currently sits at #7 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 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. SEAS is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for SEAS's full-year earnings has moved 24.01% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that SEAS has returned about 22.50% since the start of the calendar year. At the same time, Consumer Discretionary stocks have gained an average of 18.24%. This means that SeaWorld Entertainment is outperforming the sector as a whole this year.
Looking more specifically, SEAS belongs to the Leisure and Recreation Services industry, which includes 29 individual stocks and currently sits at #106 in the Zacks Industry Rank. On average, stocks in this group have gained 14.80% this year, meaning that SEAS is performing better in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track SEAS. The stock will be looking to continue its solid performance.
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Has SeaWorld Entertainment (SEAS) Outpaced Other Consumer Discretionary Stocks This Year?
Investors focused on the Consumer Discretionary space have likely heard of SeaWorld Entertainment , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of SEAS and the rest of the Consumer Discretionary group's stocks.
SeaWorld Entertainment is a member of our Consumer Discretionary group, which includes 244 different companies and currently sits at #7 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 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. SEAS is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for SEAS's full-year earnings has moved 24.01% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that SEAS has returned about 22.50% since the start of the calendar year. At the same time, Consumer Discretionary stocks have gained an average of 18.24%. This means that SeaWorld Entertainment is outperforming the sector as a whole this year.
Looking more specifically, SEAS belongs to the Leisure and Recreation Services industry, which includes 29 individual stocks and currently sits at #106 in the Zacks Industry Rank. On average, stocks in this group have gained 14.80% this year, meaning that SEAS is performing better in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track SEAS. The stock will be looking to continue its solid performance.