Investors focused on the Retail-Wholesale space have likely heard of Ross Stores (ROST - 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.
Ross Stores is one of 223 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 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. ROST is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ROST's full-year earnings has moved 0.26% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ROST has gained about 25.23% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 17.87% on a year-to-date basis. As we can see, Ross Stores is performing better than its sector in the calendar year.
Looking more specifically, ROST belongs to the Retail - Discount Stores industry, a group that includes 10 individual stocks and currently sits at #56 in the Zacks Industry Rank. On average, stocks in this group have gained 25.23% this year, meaning that ROST is performing on par in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track ROST. 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 Ross Stores (ROST - 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.
Ross Stores is one of 223 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 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. ROST is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ROST's full-year earnings has moved 0.26% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ROST has gained about 25.23% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 17.87% on a year-to-date basis. As we can see, Ross Stores is performing better than its sector in the calendar year.
Looking more specifically, ROST belongs to the Retail - Discount Stores industry, a group that includes 10 individual stocks and currently sits at #56 in the Zacks Industry Rank. On average, stocks in this group have gained 25.23% this year, meaning that ROST is performing on par in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track ROST. 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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