Is Life Time Group Holdings (LTH) Outperforming Other Consumer Discretionary Stocks This Year?

For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Life Time Group Holdings, Inc. (LTH) 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? 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.Life Time Group Holdings, Inc. is a member of the Consumer Discretionary sector. This group includes 268 individual stocks and currently holds a Zacks Sector Rank of #11. 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. Life Time Group Holdings, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for LTH's full-year earnings has moved 32.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the latest available data, LTH has gained about 40% so far this year. In comparison, Consumer Discretionary companies have returned an average of -2.2%. This means that Life Time Group Holdings, Inc. is outperforming the sector as a whole this year.One other Consumer Discretionary stock that has outperformed the sector so far this year is Mattel (MAT). The stock is up 13.5% year-to-date.For Mattel, the consensus EPS estimate for the current year has increased 6.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Life Time Group Holdings, Inc. belongs to the Leisure and Recreation Services industry, a group that includes 31 individual stocks and currently sits at #55 in the Zacks Industry Rank. This group has lost an average of 7.3% so far this year, so LTH is performing better in this area.On the other hand, Mattel belongs to the Toys - Games - Hobbies industry. This 4-stock industry is currently ranked #26. The industry has moved +48.3% year to date.Investors with an interest in Consumer Discretionary stocks should continue to track Life Time Group Holdings, Inc. and Mattel. These stocks will be looking to continue their solid performance.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>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 Life Time Group Holdings, Inc. (LTH): Free Stock Analysis Report Mattel, Inc. (MAT): 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