For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Canada Goose Holdings (GOOS - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Canada Goose Holdings is a member of our Retail-Wholesale group, which includes 223 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. GOOS is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for GOOS's full-year earnings has moved 4.79% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, GOOS has moved about 9.65% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 17.37% on average. As we can see, Canada Goose Holdings is performing better than its sector in the calendar year.
Looking more specifically, GOOS belongs to the Retail - Apparel and Shoes industry, which includes 43 individual stocks and currently sits at #79 in the Zacks Industry Rank. This group has gained an average of 6.52% so far this year, so GOOS is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to GOOS as it looks to continue its solid performance.
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 >>
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Canada Goose Holdings (GOOS - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Canada Goose Holdings is a member of our Retail-Wholesale group, which includes 223 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. GOOS is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for GOOS's full-year earnings has moved 4.79% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, GOOS has moved about 9.65% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 17.37% on average. As we can see, Canada Goose Holdings is performing better than its sector in the calendar year.
Looking more specifically, GOOS belongs to the Retail - Apparel and Shoes industry, which includes 43 individual stocks and currently sits at #79 in the Zacks Industry Rank. This group has gained an average of 6.52% so far this year, so GOOS is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to GOOS as it looks to continue its solid performance.
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 >>
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