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Is Weight Watchers (WTW) Outperforming Other Consumer Discretionary Stocks This Year?

Zacks

Investors focused on the Consumer Discretionary space have likely heard of Weight Watchers International (WTW), 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.

Weight Watchers International is one of 248 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #13 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 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. WTW is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for WTW's full-year earnings has moved 72.81% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.


Our latest available data shows that WTW has returned about 55.53% since the start of the calendar year. Meanwhile, stocks in the Consumer Discretionary group have gained about 0.07% on average. As we can see, Weight Watchers International is performing better than its sector in the calendar year.

Looking more specifically, WTW belongs to the Conusmer Services – Miscellaneous industry, a group that includes 9 individual stocks and currently sits at #34 in the Zacks Industry Rank. This group has gained an average of 11.87% so far this year, so WTW is performing better in this area.

Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to WTW as it looks to continue its solid performance.


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Zacks Investment Research
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