Is Ahold (ADRNY) Beating or Bailing on Consumer Staples?

The Consumer Staples Group: Ahold NV and Embotelladora Andina S.A. Outperforming Their Peers

Ahold NV, a prominent member of the Consumer Staples group, has been demonstrating impressive performance in comparison to its peers in the sector. By examining its year-to-date returns alongside those of other companies within the same group, we can gain valuable insights into whether ADRNY is indeed one of the top performers.

The Consumer Staples group encompasses 178 different companies and currently holds the #12 position in the Zacks Sector Rank. This ranking considers 16 distinct groups, calculating the average Zacks Rank of individual stocks within each sector to evaluate their relative strength. The Zacks Sector Rank is a well-established system that places emphasis on earnings estimates and revisions, highlighting various stocks with characteristics conducive to outperforming the market over the next one to three months.

Ahold NV currently boasts a Zacks Rank of #2 (Buy), which signifies its potential for beating the market in the near term. This ranking is based on several factors, including analyst sentiment and earnings estimates. The latest data indicates that the consensus estimate for ADRNY’s full-year earnings has increased by 2.9% over the past 90 days, demonstrating a strengthening of the company’s earnings outlook.

In terms of year-to-date performance, Ahold NV has moved approximately 28%, outpacing the average return of Consumer Staples companies, which stands at around 7%. This disparity suggests that ADRNY is currently outperforming its peers within the sector. To further contextualize this information, let’s examine another stock in the Consumer Staples group: Embotelladora Andina S.A.

Ebotelladora Andina S.A. has outperformed the sector thus far in 2023, boasting a year-to-date return of 38.2%. The consensus estimate for AKO.B’s current year EPS has increased by 0.6% over the past three months, indicating growing analyst confidence in the company’s performance.

To break down these statistics further, Ahold NV belongs to the Consumer Products – Staples industry, a group comprising 38 individual companies and ranking #152 in the Zacks Industry Rank. This group has gained an average of 0.7% so far this year, with ADRNY performing better within this specific area.

In contrast, Embotelladora Andina S.A. falls under the Beverages – Soft drinks industry, which comprises 16 stocks and is currently ranked #46. Since the beginning of the year, this industry has moved +7.8%, indicating that AKO.B’s outperformance is relatively substantial compared to its peers within this sector.

Considering these observations, investors interested in Consumer Staples stocks may benefit from closely monitoring Ahold NV and Embotelladora Andina S.A. as they continue their impressive performance.

A Closer Look at the Zacks Sector Rank

The Zacks Sector Rank is a robust system that evaluates various sectors to determine which ones are likely to outperform others over the next one to three months. This ranking considers several factors, including earnings estimates and revisions, which provide valuable insights into a company’s performance potential.

In the case of Ahold NV, its current Zacks Rank of #2 (Buy) signifies strong analyst sentiment and a solid earnings outlook. By examining the sector rankings of various companies within the Consumer Staples group, we can identify top performers like ADRNY and AKO.B that are outpacing their peers.

Consumer Staples Group: Outperforming Stocks

The Consumer Staples group includes 178 different companies and is currently ranked #12 in the Zacks Sector Rank. To gain a deeper understanding of this sector’s performance, let’s examine some key statistics:

• Ahold NV (ADRNY) : ADRNY has moved approximately 28% on a year-to-date basis.
• Embotelladora Andina S.A. (AKO.B) : AKO.B has outperformed the sector thus far in 2023, boasting a year-to-date return of 38.2%.
• Average Return: The average return of Consumer Staples companies stands at around 7%.

Zacks Rank and Earnings Estimates

The Zacks Rank is a proven system that emphasizes earnings estimates and revisions to identify top performers. Ahold NV’s current Zacks Rank of #2 (Buy) indicates strong analyst sentiment and a solid earnings outlook.

By examining the consensus estimate for ADRNY’s full-year earnings, which has increased by 2.9% over the past 90 days, we can see that analyst confidence in the company’s performance is growing.

Key Statistics

• Industry Rank: The Consumer Products – Staples industry, where Ahold NV belongs, currently ranks #152.
• Industry Return: This group has gained an average of 0.7% so far this year.
• Sector Rank: The Consumer Staples group currently sits at #12 in the Zacks Sector Rank.

Conclusion

Ahold NV and Embotelladora Andina S.A. are two notable stocks within the Consumer Staples group that have been outperforming their peers thus far in 2023. By examining key statistics such as year-to-date returns, earnings estimates, and industry rankings, we can gain valuable insights into these companies’ potential for continued growth.

Investors interested in Consumer Staples stocks should closely monitor Ahold NV and Embotelladora Andina S.A., as they continue their impressive performance.