Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Is Imperial Tobacco Group PLC (IMBBY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Imperial Tobacco Group PLC is one of 178 companies in the Consumer Staples group. The Consumer Staples group currently sits at #13 within 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. Advertisement: High Yield Savings Offers Earn 4.10% APY** on balances of $5,000 or more View Offer Earn up to 4.00% APY with Savings Pods View Offer Earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit View Offer Powered by Money.com - Yahoo may earn commission from the links above. 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. Imperial Tobacco Group PLC is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for IMBBY's full-year earnings has moved 2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Our latest available data shows that IMBBY has returned about 22.6% since the start of the calendar year. Meanwhile, stocks in the Consumer Staples group have gained about 6% on average. This means that Imperial Tobacco Group PLC is performing better than its sector in terms of year-to-date returns. British American Tobacco (BTI) is another Consumer Staples stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 30.6%. For British American Tobacco, the consensus EPS estimate for the current year has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Imperial Tobacco Group PLC belongs to the Tobacco industry, a group that includes 6 individual companies and currently sits at #29 in the Zacks Industry Rank. On average, this group has gained an average of 38.8% so far this year, meaning that IMBBY is slightly underperforming its industry in terms of year-to-date returns. British American Tobacco is also part of the same industry. Investors with an interest in Consumer Staples stocks should continue to track Imperial Tobacco Group PLC and British American Tobacco. These stocks will be looking to continue 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 Imperial Tobacco Group PLC (IMBBY):Free Stock Analysis Report Story Continues British American Tobacco p.l.c. (BTI):Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments
Is Imperial Tobacco Group (IMBBY) Outperforming Other Consumer Staples Stocks This Year?
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research.
Start Your Free Trial Now!Not sure where to invest today?
Kalkine’s latest research highlights three companies identified through in-depth analysis and market insights.
Explore these research reports to learn about companies currently being tracked by our analysts and make more informed investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...