Is Mama's Creations, Inc. (MAMA) Outperforming Other Consumer Staples Stocks This Year?

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Mama's Creations, Inc. (MAMA) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Mama's Creations, Inc. is a member of our Consumer Staples group, which includes 178 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. Mama's Creations, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for MAMA's full-year earnings has moved 17.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, MAMA has returned 28.4% so far this year. In comparison, Consumer Staples companies have returned an average of 14.7%. This means that Mama's Creations, Inc. is outperforming the sector as a whole this year.

Philip Morris (PM) is another Consumer Staples stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 18.3%.

The consensus estimate for Philip Morris' current year EPS has increased 1.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, Mama's Creations, Inc. belongs to the Food - Miscellaneous industry, a group that includes 41 individual companies and currently sits at #200 in the Zacks Industry Rank. On average, stocks in this group have gained 8.7% this year, meaning that MAMA is performing better in terms of year-to-date returns.

Philip Morris, however, belongs to the Tobacco industry. Currently, this 8-stock industry is ranked #182. The industry has moved +17.1% so far this year.

Investors interested in the Consumer Staples sector may want to keep a close eye on Mama's Creations, Inc. and Philip Morris as they attempt to continue their solid performance.

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This article originally published on Zacks Investment Research (zacks.com).

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