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Is Las Vegas Sands (LVS) Outperforming Other Consumer Discretionary Stocks This Year?

Zacks Equity Research
Updated
Mutual Fund Report for PGOFX

Investors focused on the Consumer Discretionary space have likely heard of Las Vegas Sands (LVS), 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 LVS and the rest of the Consumer Discretionary group's stocks.

Las Vegas Sands is one of 247 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #13 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 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. LVS is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for LVS's full-year earnings has moved 8.68% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

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According to our latest data, LVS has moved about 12.76% on a year-to-date basis. At the same time, Consumer Discretionary stocks have gained an average of 2.29%. This shows that Las Vegas Sands is outperforming its peers so far this year.

Breaking things down more, LVS is a member of the Gaming industry, which includes 21 individual companies and currently sits at #80 in the Zacks Industry Rank. Stocks in this group have gained about 10.81% so far this year, so LVS 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 LVS as it attempts to continue its solid performance.


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