The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Mama's Creations, Inc. (MAMA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Mama's Creations, Inc. is one of 173 companies in the Consumer Staples group. The Consumer Staples group currently sits at #14 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Mama's Creations, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for MAMA's full-year earnings has moved 12.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, MAMA has moved about 13.7% on a year-to-date basis. At the same time, Consumer Staples stocks have gained an average of 2.8%. As we can see, Mama's Creations, Inc. is performing better than its sector in the calendar year.
Another Consumer Staples stock, which has outperformed the sector so far this year, is Philip Morris (PM). The stock has returned 3.1% year-to-date.
Over the past three months, Philip Morris' consensus EPS estimate for the current year has increased 1.4%. 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 #209 in the Zacks Industry Rank. This group has lost an average of 3.4% so far this year, so MAMA is performing better in this area.
Philip Morris, however, belongs to the Tobacco industry. Currently, this 8-stock industry is ranked #218. The industry has moved +5.4% so far this year.
Investors with an interest in Consumer Staples stocks should continue to track Mama's Creations, Inc. and Philip Morris. These stocks will be looking to continue their solid performance.
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Mama's Creations, Inc. (MAMA): Free Stock Analysis Report
Philip Morris International Inc. (PM): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).