For those interested in strong Consumer Staples stocks, one company to consider is Vital Farms (VITL). Vital Farms is part of the Consumer Staples sector, which includes 191 individual stocks and currently ranks #14 in the Zacks Sector Rank. The Zacks Rank, which focuses on earnings estimates and revisions, gives Vital Farms a current ranking of #2 (Buy).
In the past quarter, VITL’s full-year earnings estimate has increased by 19.3%, indicating a positive trend in analyst sentiment and earnings outlook. Year-to-date, Vital Farms has seen a 63.5% increase in stock performance, outperforming the Consumer Staples sector as a whole, which has experienced a 0.6% decrease.
Another Consumer Staples stock that has outperformed the sector this year is WD-40 (WDFC), with a 1% increase year-to-date. WD-40 has also seen a 2% increase in consensus EPS estimate for the current year and holds a Zacks Rank #2 (Buy).
Vital Farms belongs to the Food – Miscellaneous industry, which includes 45 companies and currently ranks #168 in the Zacks Industry Rank. The industry has gained 0.6% year-to-date, with Vital Farms performing better in terms of returns. On the other hand, WD-40 is in the Consumer Products – Staples industry, which includes 28 stocks and is ranked #67. The industry has seen a -4.8% decrease since the beginning of the year.
Both Vital Farms and WD-40 have shown strong performance and may continue to do so. Investors looking at Consumer Staples stocks should keep a close eye on these companies for potential opportunities.
