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Is SeaWorld Entertainment (SEAS) Outperforming Other Consumer Discretionary Stocks This Year?

Zacks Equity Research

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has SeaWorld Entertainment (SEAS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

SeaWorld Entertainment is one of 248 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. SEAS is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for SEAS's full-year earnings has moved 8.45% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Based on the latest available data, SEAS has gained about 36.17% so far this year. In comparison, Consumer Discretionary companies have returned an average of 20.87%. This shows that SeaWorld Entertainment is outperforming its peers so far this year.

Breaking things down more, SEAS is a member of the Leisure and Recreation Services industry, which includes 31 individual companies and currently sits at #191 in the Zacks Industry Rank. On average, this group has gained an average of 8.09% so far this year, meaning that SEAS is performing better in terms of year-to-date returns.

Investors in the Consumer Discretionary sector will want to keep a close eye on SEAS as it attempts to continue its solid performance.


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Zacks Investment Research