Are Consumer Discretionary Stocks Lagging Colruyt (CUYTY) This Year?

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Colruyt SA Unsponsored ADR (CUYTY) 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.

Colruyt SA Unsponsored ADR is one of 260 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 sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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. Colruyt SA Unsponsored ADR is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for CUYTY's full-year earnings has moved 6.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that CUYTY has returned about 12.2% since the start of the calendar year. At the same time, Consumer Discretionary stocks have lost an average of 7.6%. This means that Colruyt SA Unsponsored 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 Flexsteel Industries (FLXS). The stock is up 83.6% year-to-date.

For Flexsteel Industries, the consensus EPS estimate for the current year has increased 20.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, Colruyt SA Unsponsored ADR belongs to the Consumer Products - Discretionary industry, a group that includes 28 individual companies and currently sits at #89 in the Zacks Industry Rank. On average, stocks in this group have gained 9.2% this year, meaning that CUYTY is performing better in terms of year-to-date returns.

Flexsteel Industries, however, belongs to the Furniture industry. Currently, this 7-stock industry is ranked #25. The industry has moved +9.6% so far this year.

Colruyt SA Unsponsored ADR and Flexsteel Industries 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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This article originally published on Zacks Investment Research (zacks.com).

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