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Has AMark Precious Metals (AMRK) Outpaced Other Consumer Discretionary Stocks This Year?

Zacks Equity Research
·2-min read

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has A-Mark Precious Metals (AMRK) been one of those stocks this year? 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.

A-Mark Precious Metals is a member of our Consumer Discretionary group, which includes 284 different companies and currently sits at #12 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. A-Mark Precious Metals is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for AMRK's full-year earnings has moved 34.2% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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According to our latest data, AMRK has moved about 7.6% on a year-to-date basis. At the same time, Consumer Discretionary stocks have lost an average of 34.5%. This shows that A-Mark Precious Metals is outperforming its peers so far this year.

Another stock in the Consumer Discretionary sector, Adtalem Global Education (ATGE), has outperformed the sector so far this year. The stock's year-to-date return is 19.5%.

In Adtalem Global Education's case, the consensus EPS estimate for the current year increased 8.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, A-Mark Precious Metals is a member of the Precious Metals and Jewels industry, which includes 2 individual companies and currently sits at #31 in the Zacks Industry Rank. On average, stocks in this group have gained 1% this year, meaning that AMRK is performing better in terms of year-to-date returns.

Adtalem Global Education, however, belongs to the Schools industry. Currently, this 18-stock industry is ranked #73. The industry has moved -10.3% so far this year.

Investors with an interest in Consumer Discretionary stocks should continue to track A-Mark Precious Metals and Adtalem Global Education. These stocks will be looking to continue their solid performance.


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AMark Precious Metals, Inc. (AMRK) : Free Stock Analysis Report
 
Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report
 
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