Are Consumer Discretionary Stocks Lagging Cimpress (CMPR) This Year?

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cimpress (CMPR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.

Cimpress is one of 259 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #8 within 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Cimpress is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for CMPR's full-year earnings has moved 6.2% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, CMPR has returned 46.8% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 11.6%. This means that Cimpress is performing better than its sector in terms of year-to-date returns.

One other Consumer Discretionary stock that has outperformed the sector so far this year is Steven Madden (SHOO). The stock is up 2.7% year-to-date.

In Steven Madden's case, the consensus EPS estimate for the current year increased 0.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Cimpress is a member of the Consumer Services - Miscellaneous industry, which includes 5 individual companies and currently sits at #67 in the Zacks Industry Rank. On average, stocks in this group have gained 3.5% this year, meaning that CMPR is performing better in terms of year-to-date returns.

Steven Madden, however, belongs to the Shoes and Retail Apparel industry. Currently, this 10-stock industry is ranked #43. The industry has moved -29.6% so far this year.

Cimpress and Steven Madden could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

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

Zacks Investment Research