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Is IAC/InterActiveCorp (IAC) Stock Outpacing Its Retail-Wholesale Peers This Year?

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The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. IAC/InterActiveCorp (IAC - Free Report) 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

IAC/InterActiveCorp is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. IAC is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for IAC's full-year earnings has moved 31.19% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, IAC has gained about 51.73% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 14.28% on average. This means that IAC/InterActiveCorp is outperforming the sector as a whole this year.

To break things down more, IAC belongs to the Internet - Commerce industry, a group that includes 25 individual companies and currently sits at #200 in the Zacks Industry Rank. On average, this group has gained an average of 30.24% so far this year, meaning that IAC is performing better in terms of year-to-date returns.

Investors with an interest in Retail-Wholesale stocks should continue to track IAC. The stock will be looking to continue its solid performance.


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