Is Dolby Laboratories (DLB) Stock Outpacing Its Consumer Discretionary Peers This Year?

Group 1 - Dolby Laboratories is part of the Consumer Discretionary sector, which includes 268 companies and is currently ranked 12 in the Zacks Sector Rank [2] - The Zacks Rank system focuses on earnings estimates and revisions, with Dolby Laboratories holding a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [3] - Over the past quarter, the Zacks Consensus Estimate for Dolby's full-year earnings has increased by 1.1%, reflecting improved analyst sentiment [4] Group 2 - Dolby Laboratories has gained approximately 4% year-to-date, outperforming the average return of -4.8% for the Consumer Discretionary sector [4] - In the Audio Video Production industry, which includes 8 stocks, Dolby is ranked 12 and has performed better than the industry's average loss of 2.7% this year [6] - Comparatively, Netflix, another stock in the Consumer Discretionary sector, has a year-to-date return of 3.2% and a Zacks Rank of 1 (Strong Buy) [5][7]