The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Marcus (MCS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Marcus is one of 261 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #12 within 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 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. Marcus is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for MCS' full-year earnings has moved 71.1% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, MCS has returned 81% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 8.4% on average. This shows that Marcus is outperforming its peers so far this year.
Another Consumer Discretionary stock, which has outperformed the sector so far this year, is Madison Square Garden Entertainment (MSGE). The stock has returned 43.1% year-to-date.
The consensus estimate for Madison Square Garden Entertainment's current year EPS has increased 8.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Marcus belongs to the Leisure and Recreation Services industry, a group that includes 28 individual stocks and currently sits at #180 in the Zacks Industry Rank. Stocks in this group have lost about 4.8% so far this year, so MCS is performing better this group in terms of year-to-date returns.
On the other hand, Madison Square Garden Entertainment belongs to the Media Conglomerates industry. This 22-stock industry is currently ranked #159. The industry has moved -9.6% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Marcus and Madison Square Garden Entertainment. These stocks will be looking to continue their solid performance.
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This article originally published on Zacks Investment Research (zacks.com).