We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is The Kroger (KR) Outperforming Other Retail-Wholesale Stocks This Year?
Read MoreHide Full Article
Investors focused on the Retail-Wholesale space have likely heard of The Kroger (KR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of KR and the rest of the Retail-Wholesale group's stocks.
The Kroger is one of 206 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #3 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 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. KR is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for KR's full-year earnings has moved 14.94% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that KR has returned about 6.97% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 35.42% on a year-to-date basis. This shows that The Kroger is outperforming its peers so far this year.
Breaking things down more, KR is a member of the Retail - Supermarkets industry, which includes 10 individual companies and currently sits at #87 in the Zacks Industry Rank. Stocks in this group have gained about 20.42% so far this year, so KR is slightly underperforming its industry this group in terms of year-to-date returns.
KR will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is The Kroger (KR) Outperforming Other Retail-Wholesale Stocks This Year?
Investors focused on the Retail-Wholesale space have likely heard of The Kroger (KR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of KR and the rest of the Retail-Wholesale group's stocks.
The Kroger is one of 206 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #3 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 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. KR is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for KR's full-year earnings has moved 14.94% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that KR has returned about 6.97% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 35.42% on a year-to-date basis. This shows that The Kroger is outperforming its peers so far this year.
Breaking things down more, KR is a member of the Retail - Supermarkets industry, which includes 10 individual companies and currently sits at #87 in the Zacks Industry Rank. Stocks in this group have gained about 20.42% so far this year, so KR is slightly underperforming its industry this group in terms of year-to-date returns.
KR will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.