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 Industria de Diseno Textil (IDEXY) 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. Has Industria de Diseno Textil SA (IDEXY - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Industria de Diseno Textil SA is one of 196 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #7 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader 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 18.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that IDEXY has returned about 29.5% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 6.7%. This means that Industria de Diseno Textil SA is performing better than its sector in terms of year-to-date returns.
Another Retail-Wholesale stock, which has outperformed the sector so far this year, is Stitch Fix (SFIX - Free Report) . The stock has returned 18.8% year-to-date.
For Stitch Fix, the consensus EPS estimate for the current year has increased 38.4% 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 39 individual companies and currently sits at #50 in the Zacks Industry Rank. On average, stocks in this group have lost 0.9% this year, meaning that IDEXY is performing better in terms of year-to-date returns. Stitch Fix is also part of the same industry.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Industria de Diseno Textil SA and Stitch Fix as they attempt 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 Industria de Diseno Textil (IDEXY) This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Industria de Diseno Textil SA (IDEXY - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Industria de Diseno Textil SA is one of 196 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #7 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader 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 18.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that IDEXY has returned about 29.5% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 6.7%. This means that Industria de Diseno Textil SA is performing better than its sector in terms of year-to-date returns.
Another Retail-Wholesale stock, which has outperformed the sector so far this year, is Stitch Fix (SFIX - Free Report) . The stock has returned 18.8% year-to-date.
For Stitch Fix, the consensus EPS estimate for the current year has increased 38.4% 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 39 individual companies and currently sits at #50 in the Zacks Industry Rank. On average, stocks in this group have lost 0.9% this year, meaning that IDEXY is performing better in terms of year-to-date returns. Stitch Fix is also part of the same industry.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Industria de Diseno Textil SA and Stitch Fix as they attempt to continue their solid performance.