Investors focused on the Consumer Discretionary space have likely heard of Weight Watchers International (WTW), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of WTW and the rest of the Consumer Discretionary group's stocks.
Weight Watchers International is a member of our Consumer Discretionary group, which includes 243 different companies and currently sits at #10 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. WTW is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for WTW's full-year earnings has moved 2.91% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, WTW has moved about 62.62% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 6.77% on average. This means that Weight Watchers International is outperforming the sector as a whole this year.
Breaking things down more, WTW is a member of the Consumer Services - Miscellaneous industry, which includes 9 individual companies and currently sits at #22 in the Zacks Industry Rank. Stocks in this group have gained about 5.58% so far this year, so WTW is performing better this group in terms of year-to-date returns.
Investors in the Consumer Discretionary sector will want to keep a close eye on WTW as it attempts to continue its solid performance.
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