Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) one of those stocks right now? 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.
Atour Lifestyle Holdings Limited Sponsored ADR is one of 254 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit 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 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. Atour Lifestyle Holdings Limited Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ATAT's full-year earnings has moved 3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, ATAT has moved about 34.7% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of 11.8%. This means that Atour Lifestyle Holdings Limited Sponsored ADR is performing better than its sector in terms of year-to-date returns.
Saga Communications (SGA) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 21.7%.
The consensus estimate for Saga Communications' current year EPS has increased 269.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Atour Lifestyle Holdings Limited Sponsored ADR belongs to the Leisure and Recreation Services industry, a group that includes 29 individual companies and currently sits at #71 in the Zacks Industry Rank. On average, this group has gained an average of 9% so far this year, meaning that ATAT is performing better in terms of year-to-date returns.
On the other hand, Saga Communications belongs to the Broadcast Radio and Television industry. This 18-stock industry is currently ranked #152. The industry has moved +33.5% year to date.
Atour Lifestyle Holdings Limited Sponsored ADR and Saga Communications could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.
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Atour Lifestyle Holdings Limited Sponsored ADR (ATAT): Free Stock Analysis Report Saga Communications, Inc. (SGA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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