Is Burlington Stores (BURL) Stock Outpacing Its Retail-Wholesale Peers This Year?

BURL

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Burlington Stores (BURL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Burlington Stores is one of 214 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. BURL is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for BURL's full-year earnings has moved 3.27% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, BURL has moved about 21.38% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 10.14% on a year-to-date basis. This shows that Burlington Stores is outperforming its peers so far this year.

Looking more specifically, BURL belongs to the Retail - Discount Stores industry, which includes 11 individual stocks and currently sits at #196 in the Zacks Industry Rank. On average, stocks in this group have gained 10.68% this year, meaning that BURL is performing better in terms of year-to-date returns.

BURL will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>