Investors focused on the Consumer Discretionary space have likely heard of Rent-A-Center (RCII), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Rent-A-Center is a member of our Consumer Discretionary group, which includes 251 different companies and currently sits at #8 in 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 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. RCII is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for RCII's full-year earnings has moved 48.94% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, RCII has returned 32.06% so far this year. Meanwhile, stocks in the Consumer Discretionary group have gained about 14.17% on average. This means that Rent-A-Center is performing better than its sector in terms of year-to-date returns.
Looking more specifically, RCII belongs to the Consumer Services - Miscellaneous industry, a group that includes 11 individual stocks and currently sits at #78 in the Zacks Industry Rank. Stocks in this group have gained about 2.07% so far this year, so RCII is performing better this group in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track RCII. The stock will be looking to continue its solid performance.
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Rent-A-Center, Inc. (RCII) : Free Stock Analysis Report
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