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 accept our Privacy Policy and Terms of Service, revised from time to time, and 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.
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 Industria de Diseno Textil (IDEXY) Outperforming 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. Has Industria de Diseno Textil SA (IDEXY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Industria de Diseno Textil SA is a member of our Retail-Wholesale group, which includes 212 different companies and currently sits at #8 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. Industria de Diseno Textil SA is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for IDEXY's full-year earnings has moved 2.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that IDEXY has returned about 35.6% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 20.4%. This means that Industria de Diseno Textil SA is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Burlington Stores (BURL - Free Report) . The stock is up 30% year-to-date.
In Burlington Stores' case, the consensus EPS estimate for the current year increased 2.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Industria de Diseno Textil SA belongs to the Retail - Apparel and Shoes industry, a group that includes 41 individual companies and currently sits at #55 in the Zacks Industry Rank. Stocks in this group have gained about 7.1% so far this year, so IDEXY is performing better this group in terms of year-to-date returns.
In contrast, Burlington Stores falls under the Retail - Discount Stores industry. Currently, this industry has 9 stocks and is ranked #160. Since the beginning of the year, the industry has moved +18.8%.
Investors with an interest in Retail-Wholesale stocks should continue to track Industria de Diseno Textil SA and Burlington Stores. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Industria de Diseno Textil (IDEXY) Outperforming Other Retail-Wholesale Stocks This Year?
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Industria de Diseno Textil SA (IDEXY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Industria de Diseno Textil SA is a member of our Retail-Wholesale group, which includes 212 different companies and currently sits at #8 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. Industria de Diseno Textil SA is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for IDEXY's full-year earnings has moved 2.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that IDEXY has returned about 35.6% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 20.4%. This means that Industria de Diseno Textil SA is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Burlington Stores (BURL - Free Report) . The stock is up 30% year-to-date.
In Burlington Stores' case, the consensus EPS estimate for the current year increased 2.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Industria de Diseno Textil SA belongs to the Retail - Apparel and Shoes industry, a group that includes 41 individual companies and currently sits at #55 in the Zacks Industry Rank. Stocks in this group have gained about 7.1% so far this year, so IDEXY is performing better this group in terms of year-to-date returns.
In contrast, Burlington Stores falls under the Retail - Discount Stores industry. Currently, this industry has 9 stocks and is ranked #160. Since the beginning of the year, the industry has moved +18.8%.
Investors with an interest in Retail-Wholesale stocks should continue to track Industria de Diseno Textil SA and Burlington Stores. These stocks will be looking to continue their solid performance.