Are Consumer Staples Stocks Lagging Clorox (CLX) This Year?

Zacks
01-01

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Clorox (CLX) 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.

Clorox is a member of the Consumer Staples sector. This group includes 181 individual stocks and currently holds a Zacks Sector Rank of #11. 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. Clorox is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for CLX's full-year earnings has moved 3.5% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, CLX has gained about 13.9% so far this year. At the same time, Consumer Staples stocks have lost an average of 0.5%. As we can see, Clorox is performing better than its sector in the calendar year.

One other Consumer Staples stock that has outperformed the sector so far this year is Pilgrim's Pride (PPC). The stock is up 64.1% year-to-date.

For Pilgrim's Pride, the consensus EPS estimate for the current year has increased 6.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Clorox belongs to the Consumer Products - Staples industry, which includes 30 individual stocks and currently sits at #87 in the Zacks Industry Rank. This group has gained an average of 8% so far this year, so CLX is performing better in this area.

Pilgrim's Pride, however, belongs to the Food - Meat Products industry. Currently, this 4-stock industry is ranked #3. The industry has moved +10.8% so far this year.

Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Clorox and Pilgrim's Pride as they could maintain their solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The Clorox Company (CLX) : Free Stock Analysis Report

Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10