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Has Weight Watchers International (WTW) Outpaced Other Consumer Discretionary Stocks This Year?

Zacks Equity Research
Updated
Is (MCS) Outperforming Other Consumer Discretionary Stocks This Year?

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 one of 246 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #11 within the Zacks Sector Rank. 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. WTW is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for WTW's full-year earnings has moved 12.09% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Our latest available data shows that WTW has returned about 115.94% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of 8.32%. As we can see, Weight Watchers International is performing better than its sector in the calendar year.

Looking more specifically, WTW belongs to the Consumer Services - Miscellaneous industry, which includes 9 individual stocks and currently sits at #106 in the Zacks Industry Rank. This group has gained an average of 22.42% so far this year, so WTW is performing better in this area.

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


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