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? 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. Imperial Tobacco Group PLC is a member of the Consumer Staples sector. This group includes 178 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. 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. Imperial Tobacco Group PLC is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for IMBBY's full-year earnings has moved 2.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the most recent data, IMBBY has returned 27.8% so far this year. Meanwhile, the Consumer Staples sector has returned an average of 5.2% on a year-to-date basis. This means that Imperial Tobacco Group PLC is outperforming the sector as a whole this year. Nestle SA (NSRGY) is another Consumer Staples stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 29.5%. Over the past three months, Nestle SA's consensus EPS estimate for the current year has increased 3.9%. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Imperial Tobacco Group PLC is a member of the Tobacco industry, which includes 6 individual companies and currently sits at #12 in the Zacks Industry Rank. On average, this group has gained an average of 31.4% so far this year, meaning that IMBBY is slightly underperforming its industry in terms of year-to-date returns. In contrast, Nestle SA falls under the Consumer Products - Staples industry. Currently, this industry has 38 stocks and is ranked #156. Since the beginning of the year, the industry has moved -0.8%. Investors interested in the Consumer Staples sector may want to keep a close eye on Imperial Tobacco Group PLC and Nestle SA as they attempt 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 Story Continues Imperial Tobacco Group PLC (IMBBY):Free Stock Analysis Report Nestle SA (NSRGY):Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments
Is Imperial Tobacco Group (IMBBY) Stock Outpacing Its Consumer Staples Peers 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...