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 Next (NXGPY) 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. Is Next PLC (NXGPY - 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.
Next PLC is one of 195 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 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. Next PLC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for NXGPY's full-year earnings has moved 2.9% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that NXGPY has returned about 45.3% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 9.1%. This means that Next PLC is performing better than its sector in terms of year-to-date returns.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Boot Barn (BOOT - Free Report) . The stock is up 21.1% year-to-date.
For Boot Barn, the consensus EPS estimate for the current year has increased 8.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Next PLC belongs to the Retail - Apparel and Shoes industry, a group that includes 38 individual stocks and currently sits at #52 in the Zacks Industry Rank. On average, this group has lost an average of 17.6% so far this year, meaning that NXGPY is performing better in terms of year-to-date returns. Boot Barn is also part of the same industry.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Next PLC and Boot Barn as they could maintain 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 Next (NXGPY) This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Next PLC (NXGPY - 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.
Next PLC is one of 195 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 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. Next PLC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for NXGPY's full-year earnings has moved 2.9% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that NXGPY has returned about 45.3% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 9.1%. This means that Next PLC is performing better than its sector in terms of year-to-date returns.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Boot Barn (BOOT - Free Report) . The stock is up 21.1% year-to-date.
For Boot Barn, the consensus EPS estimate for the current year has increased 8.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Next PLC belongs to the Retail - Apparel and Shoes industry, a group that includes 38 individual stocks and currently sits at #52 in the Zacks Industry Rank. On average, this group has lost an average of 17.6% so far this year, meaning that NXGPY is performing better in terms of year-to-date returns. Boot Barn is also part of the same industry.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Next PLC and Boot Barn as they could maintain their solid performance.