Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. The Habit Restaurants 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 HABT and the rest of the Retail-Wholesale group's stocks.
The Habit Restaurants is a member of the Retail-Wholesale sector. This group includes 226 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. HABT is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for HABT's full-year earnings has moved 136.25% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, HABT has gained about 8.48% so far this year. In comparison, Retail-Wholesale companies have returned an average of -4.68%. This shows that The Habit Restaurants is outperforming its peers so far this year.
To break things down more, HABT belongs to the Retail - Restaurants industry, a group that includes 49 individual companies and currently sits at #164 in the Zacks Industry Rank. Stocks in this group have gained about 3.39% so far this year, so HABT is performing better this group in terms of year-to-date returns.
HABT will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.
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Is The Habit Restaurants (HABT) Outperforming Other Retail-Wholesale Stocks This Year?
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. The Habit Restaurants 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 HABT and the rest of the Retail-Wholesale group's stocks.
The Habit Restaurants is a member of the Retail-Wholesale sector. This group includes 226 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. HABT is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for HABT's full-year earnings has moved 136.25% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, HABT has gained about 8.48% so far this year. In comparison, Retail-Wholesale companies have returned an average of -4.68%. This shows that The Habit Restaurants is outperforming its peers so far this year.
To break things down more, HABT belongs to the Retail - Restaurants industry, a group that includes 49 individual companies and currently sits at #164 in the Zacks Industry Rank. Stocks in this group have gained about 3.39% so far this year, so HABT is performing better this group in terms of year-to-date returns.
HABT will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.