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Has PVH (PVH) Outpaced Other Consumer Discretionary Stocks This Year?

Zacks

Investors focused on the Consumer Discretionary space have likely heard of PVH (PVH), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.

PVH is a member of the Consumer Discretionary sector. This group includes 247 individual stocks and currently holds a Zacks Sector Rank of #13. 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. PVH is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for PVH's full-year earnings has moved 3.55% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.


According to our latest data, PVH has moved about 12.47% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 1.35% on average. This means that PVH is outperforming the sector as a whole this year.

Looking more specifically, PVH belongs to the Textile – Apparel industry, which includes 24 individual stocks and currently sits at #66 in the Zacks Industry Rank. On average, stocks in this group have gained 9.13% this year, meaning that PVH is performing better in terms of year-to-date returns.

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


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