Back to top

Image: Bigstock

Has Conns (CONN) Outpaced Other Retail-Wholesale Stocks This Year?

Read MoreHide Full Article

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 Conns (CONN - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

Conns is a member of the Retail-Wholesale sector. This group includes 211 individual stocks and currently holds a Zacks Sector Rank of #2. 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. CONN is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for CONN's full-year earnings has moved 78.87% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that CONN has returned about 98.89% since the start of the calendar year. At the same time, Retail-Wholesale stocks have lost an average of 1.30%. This shows that Conns is outperforming its peers so far this year.

To break things down more, CONN belongs to the Retail - Consumer Electronics industry, a group that includes 4 individual companies and currently sits at #112 in the Zacks Industry Rank. On average, stocks in this group have gained 41.14% this year, meaning that CONN is performing better in terms of year-to-date returns.

Investors in the Retail-Wholesale sector will want to keep a close eye on CONN as it attempts to continue its solid performance.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Conns, Inc. (CONN) - free report >>

Published in