Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6535
    +0.0012 (+0.18%)
     
  • OIL

    83.66
    +0.09 (+0.11%)
     
  • GOLD

    2,349.60
    +7.10 (+0.30%)
     
  • Bitcoin AUD

    97,626.80
    -1,084.55 (-1.10%)
     
  • CMC Crypto 200

    1,328.18
    -68.35 (-4.89%)
     
  • AUD/EUR

    0.6108
    +0.0035 (+0.57%)
     
  • AUD/NZD

    1.0994
    +0.0037 (+0.33%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,718.30
    +287.79 (+1.65%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,239.66
    +153.86 (+0.40%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Has National Beverage (FIZZ) Outpaced Other Consumer Staples Stocks This Year?

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has National Beverage (FIZZ) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

National Beverage is one of 174 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. FIZZ is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for FIZZ's full-year earnings has moved 0.67% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

ADVERTISEMENT

Our latest available data shows that FIZZ has returned about 13.98% since the start of the calendar year. Meanwhile, the Consumer Staples sector has returned an average of -11.58% on a year-to-date basis. This shows that National Beverage is outperforming its peers so far this year.

Looking more specifically, FIZZ belongs to the Beverages - Soft drinks industry, a group that includes 17 individual stocks and currently sits at #62 in the Zacks Industry Rank. This group has lost an average of 10.64% so far this year, so FIZZ is performing better in this area.

FIZZ will likely be looking to continue its solid performance, so investors interested in Consumer Staples stocks should continue to pay close attention to the company.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
National Beverage Corp. (FIZZ) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research