Is Alto Ingredients (ALTO) Stock Outpacing Its Consumer Discretionary Peers This Year?

Core Insights - Alto Ingredients (ALTO) has significantly outperformed its peers in the Consumer Discretionary sector this year, with a year-to-date gain of approximately 57.1% compared to the sector average of 0.5% [4] - The Zacks Rank system indicates a strong buy rating for Alto Ingredients, reflecting positive analyst sentiment and improving earnings outlook [3][4] Company Performance - The Zacks Consensus Estimate for ALTO's full-year earnings has increased by 73% over the past quarter, indicating a positive shift in analyst expectations [4] - Alto Ingredients is currently ranked 1 (Strong Buy) in the Zacks Rank, suggesting it is on track to outperform the market in the near term [3] Industry Context - Alto Ingredients operates within the Consumer Products - Discretionary industry, which has seen an average decline of 7.6% this year, highlighting ALTO's relative strength [6] - The Consumer Discretionary group, which includes 265 companies, is currently ranked 12 in the Zacks Sector Rank, reflecting its overall performance compared to other sectors [2]