We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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 Bloomin' Brands (BLMN) Stock Outpacing Its Retail-Wholesale Peers This Year?
Read MoreHide Full Article
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Bloomin' Brands (BLMN - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Bloomin' Brands is one of 221 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #7 within 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 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. Bloomin' Brands is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for BLMN's full-year earnings has moved 7.8% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that BLMN has returned about 24.9% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 8.3% on average. This shows that Bloomin' Brands is outperforming its peers so far this year.
Another stock in the Retail-Wholesale sector, Darden Restaurants (DRI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 10.7%.
In Darden Restaurants' case, the consensus EPS estimate for the current year increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bloomin' Brands belongs to the Retail - Restaurants industry, a group that includes 40 individual stocks and currently sits at #71 in the Zacks Industry Rank. On average, this group has gained an average of 8.5% so far this year, meaning that BLMN is performing better in terms of year-to-date returns. Darden Restaurants is also part of the same industry.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Bloomin' Brands and Darden Restaurants as they could maintain their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Bloomin' Brands (BLMN) Stock Outpacing Its Retail-Wholesale Peers This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Bloomin' Brands (BLMN - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Bloomin' Brands is one of 221 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #7 within 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 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. Bloomin' Brands is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for BLMN's full-year earnings has moved 7.8% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that BLMN has returned about 24.9% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 8.3% on average. This shows that Bloomin' Brands is outperforming its peers so far this year.
Another stock in the Retail-Wholesale sector, Darden Restaurants (DRI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 10.7%.
In Darden Restaurants' case, the consensus EPS estimate for the current year increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bloomin' Brands belongs to the Retail - Restaurants industry, a group that includes 40 individual stocks and currently sits at #71 in the Zacks Industry Rank. On average, this group has gained an average of 8.5% so far this year, meaning that BLMN is performing better in terms of year-to-date returns. Darden Restaurants is also part of the same industry.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Bloomin' Brands and Darden Restaurants as they could maintain their solid performance.