Is Urban Outfitters (URBN) Outperforming Other Retail-Wholesale Stocks This Year?

URBN

Investors focused on the Retail-Wholesale space have likely heard of Urban Outfitters (URBN - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Urban Outfitters is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #5 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. URBN is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for URBN's full-year earnings has moved 7.01% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, URBN has gained about 26.21% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 18.82% on average. This means that Urban Outfitters is outperforming the sector as a whole this year.

Breaking things down more, URBN is a member of the Retail - Apparel and Shoes industry, which includes 33 individual companies and currently sits at #45 in the Zacks Industry Rank. Stocks in this group have gained about 6.09% so far this year, so URBN is performing better this group in terms of year-to-date returns.

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

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