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Is Urban Outfitters (URBN) Stock Outpacing Its Retail-Wholesale Peers 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 Urban Outfitters (URBN - 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.

Urban Outfitters is a member of the Retail-Wholesale sector. This group includes 197 individual stocks and currently holds a Zacks Sector Rank of #9. 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. Urban Outfitters is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for URBN's full-year earnings has moved 2.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that URBN has returned about 38.3% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 6.8% on average. This means that Urban Outfitters is outperforming the sector as a whole this year.

Another stock in the Retail-Wholesale sector, Signet (SIG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 8.2%.

For Signet, the consensus EPS estimate for the current year has increased 1.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, Urban Outfitters belongs to the Retail - Apparel and Shoes industry, a group that includes 39 individual companies and currently sits at #55 in the Zacks Industry Rank. On average, stocks in this group have lost 3.7% this year, meaning that URBN is performing better in terms of year-to-date returns.

Signet, however, belongs to the Retail - Jewelry industry. Currently, this 6-stock industry is ranked #100. The industry has moved +4% so far this year.

Investors interested in the Retail-Wholesale sector may want to keep a close eye on Urban Outfitters and Signet as they attempt to continue their solid performance.


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