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.
Is Deckers Outdoor (DECK) Outperforming Other Retail-Wholesale Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Deckers (DECK - 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.
Deckers is a member of the Retail-Wholesale sector. This group includes 193 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Deckers is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DECK's full-year earnings has moved 7.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, DECK has moved about 12.1% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 6.1% on average. As we can see, Deckers is performing better than its sector in the calendar year.
Dollar General (DG - 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 8.1%.
The consensus estimate for Dollar General's current year EPS has increased 6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Deckers belongs to the Retail - Apparel and Shoes industry, which includes 38 individual stocks and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 0.3% so far this year, meaning that DECK is performing better in terms of year-to-date returns.
On the other hand, Dollar General belongs to the Retail - Discount Stores industry. This 8-stock industry is currently ranked #45. The industry has moved +7.4% year to date.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Deckers and Dollar General 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
Is Deckers Outdoor (DECK) Outperforming Other Retail-Wholesale Stocks 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. Has Deckers (DECK - 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.
Deckers is a member of the Retail-Wholesale sector. This group includes 193 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Deckers is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DECK's full-year earnings has moved 7.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, DECK has moved about 12.1% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 6.1% on average. As we can see, Deckers is performing better than its sector in the calendar year.
Dollar General (DG - 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 8.1%.
The consensus estimate for Dollar General's current year EPS has increased 6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Deckers belongs to the Retail - Apparel and Shoes industry, which includes 38 individual stocks and currently sits at #45 in the Zacks Industry Rank. On average, this group has gained an average of 0.3% so far this year, meaning that DECK is performing better in terms of year-to-date returns.
On the other hand, Dollar General belongs to the Retail - Discount Stores industry. This 8-stock industry is currently ranked #45. The industry has moved +7.4% year to date.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Deckers and Dollar General as they attempt to continue their solid performance.