The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) 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.
Atour Lifestyle Holdings Limited Sponsored ADR is one of 265 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 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. Atour Lifestyle Holdings Limited Sponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ATAT's full-year earnings has moved 1.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ATAT has returned 47.5% so far this year. Meanwhile, stocks in the Consumer Discretionary group have gained about 1.4% on average. This means that Atour Lifestyle Holdings Limited Sponsored ADR is outperforming the sector as a whole this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is Nintendo Co. (NTDOY). The stock is up 51.3% year-to-date.
Over the past three months, Nintendo Co.'s consensus EPS estimate for the current year has increased 4.6%. 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 28 individual companies and currently sits at #76 in the Zacks Industry Rank. On average, stocks in this group have lost 4.4% this year, meaning that ATAT is performing better in terms of year-to-date returns.
On the other hand, Nintendo Co. belongs to the Gaming industry. This 40-stock industry is currently ranked #89. The industry has moved +10.9% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Atour Lifestyle Holdings Limited Sponsored ADR and Nintendo Co.. These stocks will be looking to continue their solid performance.
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Atour Lifestyle Holdings Limited Sponsored ADR (ATAT): Free Stock Analysis Report Nintendo Co. (NTDOY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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