Are Consumer Discretionary Stocks Lagging Kontoor Brands (KTB) This Year?

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Kontoor Brands (KTB) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Kontoor Brands is one of 272 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.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. Kontoor Brands is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for KTB's full-year earnings has moved 0.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, KTB has returned 40.8% so far this year. In comparison, Consumer Discretionary companies have returned an average of 15.5%. This means that Kontoor Brands is performing better than its sector in terms of year-to-date returns.Planet Fitness (PLNT) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 35.2%.For Planet Fitness, the consensus EPS estimate for the current year has increased 2.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, Kontoor Brands is a member of the Textile - Apparel industry, which includes 20 individual companies and currently sits at #74 in the Zacks Industry Rank. This group has lost an average of 3.3% so far this year, so KTB is performing better in this area.In contrast, Planet Fitness falls under the Leisure and Recreation Services industry. Currently, this industry has 32 stocks and is ranked #24. Since the beginning of the year, the industry has moved +27%.Investors interested in the Consumer Discretionary sector may want to keep a close eye on Kontoor Brands and Planet Fitness as they attempt to continue their solid performance.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>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 Kontoor Brands, Inc. (KTB): Free Stock Analysis Report Planet Fitness, Inc. (PLNT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks