Investors focused on the Consumer Discretionary space have likely heard of TAL Education Group (TAL), 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 TAL and the rest of the Consumer Discretionary group's stocks.
TAL Education Group is one of 250 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #9 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. TAL is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for TAL's full-year earnings has moved 22.85% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, TAL has returned 18.74% so far this year. In comparison, Consumer Discretionary companies have returned an average of 11.29%. This shows that TAL Education Group is outperforming its peers so far this year.
Looking more specifically, TAL belongs to the Schools industry, a group that includes 20 individual stocks and currently sits at #21 in the Zacks Industry Rank. On average, stocks in this group have gained 13.60% this year, meaning that TAL is performing better in terms of year-to-date returns.
Investors with an interest in Consumer Discretionary stocks should continue to track TAL. The stock will be looking to continue its solid performance.
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