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Showing posts from May, 2021

Sector Earnings Update: May 2021

S&P 500 The S&P 500 index has gained 12.1% returns year-to-date with a 3-year annualized returns of 18.5%. The index has earned $136.96 per share over the last 12 months and is expected to earn $182.83 per share in the current fiscal year. Current dividend yield is 1.39% and is expected to yield 1.44% over the next 12 months. The index is currently trading cheaper at a PE of 30.31 relative to its 10-year average of 35.9. S&P 500 index is bullish given 94.83% of its members are trading above their 200-day moving average price. Over the last 12 months, the index earned a positive return 63.46% of the time with 20.99% of the members closing at its new 52-week high price and none of the members closing at a new 52-week low price. Consumer Discretionary The Consumer Discretionary sector has gained 7.9% returns year-to-date with a 3-year annualized returns of 20.6%. The group has earned $24.33 per share over the last 12 months and is expected to earn $37.94 per share in the c