Are Consumer Staples Stocks Lagging Vita Coco Company (COCO) This Year?

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Vita Coco Company, Inc. (COCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Vita Coco Company, Inc. is one of 180 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #10 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 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. Vita Coco Company, Inc. is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for COCO'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 latest available data, COCO has gained about 1.8% so far this year. In comparison, Consumer Staples companies have returned an average of 0%. This shows that Vita Coco Company, Inc. is outperforming its peers so far this year.One other Consumer Staples stock that has outperformed the sector so far this year is Marine Harvest ASA (MHGVY). The stock is up 13% year-to-date.The consensus estimate for Marine Harvest ASA's current year EPS has increased 6.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Vita Coco Company, Inc. belongs to the Beverages - Soft drinks industry, which includes 16 individual stocks and currently sits at #143 in the Zacks Industry Rank. On average, stocks in this group have gained 8.8% this year, meaning that COCO is slightly underperforming its industry in terms of year-to-date returns.Marine Harvest ASA, however, belongs to the Food - Miscellaneous industry. Currently, this 43-stock industry is ranked #178. The industry has moved +0.7% so far this year.Investors interested in the Consumer Staples sector may want to keep a close eye on Vita Coco Company, Inc. and Marine Harvest ASA as they attempt to continue their solid performance.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See 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 Vita Coco Company, Inc. (COCO): Free Stock Analysis Report Marine Harvest ASA (MHGVY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks