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Is Vector Group (VGR) Stock Outpacing Its Consumer Staples Peers This Year?

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Vector Group (VGR) 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? One simple way to answer this question is to take a look at the year-to-date performance of VGR and the rest of the Consumer Staples group's stocks.

Vector Group is a member of the Consumer Staples sector. This group includes 179 individual stocks and currently holds a Zacks Sector Rank of #11. 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. VGR is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for VGR's full-year earnings has moved 54.05% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, VGR has moved about 33.71% on a year-to-date basis. Meanwhile, the Consumer Staples sector has returned an average of 18.82% on a year-to-date basis. This means that Vector Group is outperforming the sector as a whole this year.

Looking more specifically, VGR belongs to the Tobacco industry, which includes 9 individual stocks and currently sits at #155 in the Zacks Industry Rank. On average, this group has gained an average of 15.50% so far this year, meaning that VGR is performing better in terms of year-to-date returns.

Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to VGR as it looks to continue its solid performance.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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