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Are Retail-Wholesale Stocks Lagging Boot Barn (BOOT) This Year?
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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 Boot Barn (BOOT - Free Report) one of those stocks right now? 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.
Boot Barn is one of 196 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #9 in 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 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. Boot Barn is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BOOT's full-year earnings has moved 3.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that BOOT has returned about 9.2% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 8.2% on a year-to-date basis. This means that Boot Barn is outperforming the sector as a whole this year.
O'Reilly Automotive (ORLY - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 36.4%.
The consensus estimate for O'Reilly Automotive's current year EPS has increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Boot Barn is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #139 in the Zacks Industry Rank. Stocks in this group have lost about 10.9% so far this year, so BOOT is performing better this group in terms of year-to-date returns.
O'Reilly Automotive, however, belongs to the Automotive - Retail and Wholesale - Parts industry. Currently, this 7-stock industry is ranked #229. The industry has moved +26.1% so far this year.
Investors with an interest in Retail-Wholesale stocks should continue to track Boot Barn and O'Reilly Automotive. These stocks will be looking to continue their solid performance.
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Are Retail-Wholesale Stocks Lagging Boot Barn (BOOT) 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. Is Boot Barn (BOOT - Free Report) one of those stocks right now? 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.
Boot Barn is one of 196 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #9 in 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 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. Boot Barn is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BOOT's full-year earnings has moved 3.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that BOOT has returned about 9.2% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 8.2% on a year-to-date basis. This means that Boot Barn is outperforming the sector as a whole this year.
O'Reilly Automotive (ORLY - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 36.4%.
The consensus estimate for O'Reilly Automotive's current year EPS has increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Boot Barn is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #139 in the Zacks Industry Rank. Stocks in this group have lost about 10.9% so far this year, so BOOT is performing better this group in terms of year-to-date returns.
O'Reilly Automotive, however, belongs to the Automotive - Retail and Wholesale - Parts industry. Currently, this 7-stock industry is ranked #229. The industry has moved +26.1% so far this year.
Investors with an interest in Retail-Wholesale stocks should continue to track Boot Barn and O'Reilly Automotive. These stocks will be looking to continue their solid performance.