Investors focused on the Consumer Staples space have likely heard of British American Tobacco (LON:BATS) p.l.c. (BTI), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.
British American Tobacco p.l.c. is a member of our Consumer Staples group, which includes 169 different companies and currently sits at #10 in 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BTI is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BTI's full-year earnings has moved 2.71% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, BTI has returned 30.79% so far this year. Meanwhile, stocks in the Consumer Staples group have gained about 11.11% on average. This means that British American Tobacco p.l.c. is outperforming the sector as a whole this year.
To break things down more, BTI belongs to the Tobacco industry, a group that includes 9 individual companies and currently sits at #81 in the Zacks Industry Rank. This group has gained an average of 27.64% so far this year, so BTI is performing better in this area.
BTI 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.
British American Tobacco p.l.c. (BTI): Free Stock Analysis Report
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Zacks Investment Research