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Is Archer Daniels Midland (ADM) Outperforming Other Consumer Staples Stocks This Year?

Zacks Equity Research
Updated
Mutual Fund Report for TRMCX

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Archer Daniels Midland (ADM) 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? One simple way to answer this question is to take a look at the year-to-date performance of ADM and the rest of the Consumer Staples group's stocks.

Archer Daniels Midland is a member of the Consumer Staples sector. This group includes 176 individual stocks and currently holds a Zacks Sector Rank of #15. 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 is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ADM is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for ADM's full-year earnings has moved 9.33% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

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Based on the latest available data, ADM has gained about 24.68% so far this year. In comparison, Consumer Staples companies have returned an average of -6.75%. This means that Archer Daniels Midland is performing better than its sector in terms of year-to-date returns.

Breaking things down more, ADM is a member of the Agriculture - Operations industry, which includes 9 individual companies and currently sits at #58 in the Zacks Industry Rank. Stocks in this group have gained about 14.51% so far this year, so ADM is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to ADM as it looks to continue its solid performance.


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