Investors focused on the Retail-Wholesale space have likely heard of CarMax (KMX - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
CarMax is a member of the Retail-Wholesale sector. This group includes 224 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. KMX is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KMX's full-year earnings has moved 2.75% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, KMX has returned 35.25% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 21.11%. As we can see, CarMax is performing better than its sector in the calendar year.
Looking more specifically, KMX belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual stocks and currently sits at #64 in the Zacks Industry Rank. This group has gained an average of 23.45% so far this year, so KMX is performing better in this area.
Investors with an interest in Retail-Wholesale stocks should continue to track KMX. The stock will be looking 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 >>
Investors focused on the Retail-Wholesale space have likely heard of CarMax (KMX - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
CarMax is a member of the Retail-Wholesale sector. This group includes 224 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. KMX is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KMX's full-year earnings has moved 2.75% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, KMX has returned 35.25% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 21.11%. As we can see, CarMax is performing better than its sector in the calendar year.
Looking more specifically, KMX belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual stocks and currently sits at #64 in the Zacks Industry Rank. This group has gained an average of 23.45% so far this year, so KMX is performing better in this area.
Investors with an interest in Retail-Wholesale stocks should continue to track KMX. The stock will be looking 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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