Is Nestle (NSRGY) Stock Outpacing Its Consumer Staples Peers This Year?

Group 1 - Nestle SA is one of 178 companies in the Consumer Staples group, currently ranked 15 within the Zacks Sector Rank [2] - The Zacks Rank for Nestle SA is 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] - The Zacks Consensus Estimate for Nestle SA's full-year earnings has increased by 5.6% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Nestle SA has gained approximately 21.7% year-to-date, outperforming the Consumer Staples sector, which has returned an average of 5.1% [4] - In contrast, Philip Morris, another stock in the Consumer Staples sector, has achieved a year-to-date return of 52.3% [5] - Nestle SA belongs to the Consumer Products - Staples industry, which has lost an average of 3% this year, indicating that Nestle SA is performing better than its industry [6] Group 3 - The Tobacco industry, which includes Philip Morris, is currently ranked 44 and has increased by 40.4% this year [6] - Investors should continue to monitor both Nestle SA and Philip Morris for potential sustained performance in the Consumer Staples sector [7]