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.
Are Retail-Wholesale Stocks Lagging Maplebear Inc. (CART) This Year?
Read MoreHide Full Article
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Maplebear (CART - 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.
Maplebear is one of 209 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #11 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 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. Maplebear is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CART's full-year earnings has moved 7.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, CART has gained about 4.6% so far this year. In comparison, Retail-Wholesale companies have returned an average of 2.1%. As we can see, Maplebear is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Prosus N.V. Sponsored ADR (PROSY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 40.2%.
In Prosus N.V. Sponsored ADR's case, the consensus EPS estimate for the current year increased 0.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Maplebear is a member of the Internet - Commerce industry, which includes 38 individual companies and currently sits at #64 in the Zacks Industry Rank. On average, stocks in this group have gained 3.9% this year, meaning that CART is performing better in terms of year-to-date returns. Prosus N.V. Sponsored ADR is also part of the same industry.
Investors with an interest in Retail-Wholesale stocks should continue to track Maplebear and Prosus N.V. Sponsored ADR. 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
Are Retail-Wholesale Stocks Lagging Maplebear Inc. (CART) This Year?
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Maplebear (CART - 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.
Maplebear is one of 209 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #11 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 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. Maplebear is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CART's full-year earnings has moved 7.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, CART has gained about 4.6% so far this year. In comparison, Retail-Wholesale companies have returned an average of 2.1%. As we can see, Maplebear is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Prosus N.V. Sponsored ADR (PROSY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 40.2%.
In Prosus N.V. Sponsored ADR's case, the consensus EPS estimate for the current year increased 0.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Maplebear is a member of the Internet - Commerce industry, which includes 38 individual companies and currently sits at #64 in the Zacks Industry Rank. On average, stocks in this group have gained 3.9% this year, meaning that CART is performing better in terms of year-to-date returns. Prosus N.V. Sponsored ADR is also part of the same industry.
Investors with an interest in Retail-Wholesale stocks should continue to track Maplebear and Prosus N.V. Sponsored ADR. These stocks will be looking to continue their solid performance.