Investors focused on the Retail-Wholesale space have likely heard of Zumiez (ZUMZ - 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.
Zumiez is one of 225 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. ZUMZ is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ZUMZ's full-year earnings has moved 14.11% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ZUMZ has returned about 77.93% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 20.15% on a year-to-date basis. This means that Zumiez is outperforming the sector as a whole this year.
To break things down more, ZUMZ belongs to the Retail - Apparel and Shoes industry, a group that includes 42 individual companies and currently sits at #17 in the Zacks Industry Rank. On average, this group has lost an average of 20.83% so far this year, meaning that ZUMZ is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on ZUMZ as it attempts 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 Zumiez (ZUMZ - 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.
Zumiez is one of 225 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. ZUMZ is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ZUMZ's full-year earnings has moved 14.11% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ZUMZ has returned about 77.93% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 20.15% on a year-to-date basis. This means that Zumiez is outperforming the sector as a whole this year.
To break things down more, ZUMZ belongs to the Retail - Apparel and Shoes industry, a group that includes 42 individual companies and currently sits at #17 in the Zacks Industry Rank. On average, this group has lost an average of 20.83% so far this year, meaning that ZUMZ is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on ZUMZ as it attempts 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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