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Are Retail-Wholesale Stocks Lagging ASOS PLS (ASOMY) This Year?
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The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ASOS PLS (ASOMY - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
ASOS PLS is one of 187 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #8 within the Zacks Sector Rank. 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. ASOS PLS is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ASOMY's full-year earnings has moved 1.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ASOMY has returned about 40.8% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 7.9% on a year-to-date basis. This means that ASOS PLS is outperforming the sector as a whole this year.
Another stock in the Retail-Wholesale sector, Bloomin' Brands (BLMN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 77.5%.
Over the past three months, Bloomin' Brands' consensus EPS estimate for the current year has increased 8.1%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, ASOS PLS is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #92 in the Zacks Industry Rank. This group has lost an average of 0.4% so far this year, so ASOMY is performing better in this area.
In contrast, Bloomin' Brands falls under the Retail - Restaurants industry. Currently, this industry has 36 stocks and is ranked #174. Since the beginning of the year, the industry has moved +1.7%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on ASOS PLS and Bloomin' Brands as they attempt to continue their solid performance.
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Are Retail-Wholesale Stocks Lagging ASOS PLS (ASOMY) This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ASOS PLS (ASOMY - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
ASOS PLS is one of 187 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #8 within the Zacks Sector Rank. 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. ASOS PLS is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ASOMY's full-year earnings has moved 1.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ASOMY has returned about 40.8% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 7.9% on a year-to-date basis. This means that ASOS PLS is outperforming the sector as a whole this year.
Another stock in the Retail-Wholesale sector, Bloomin' Brands (BLMN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 77.5%.
Over the past three months, Bloomin' Brands' consensus EPS estimate for the current year has increased 8.1%. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, ASOS PLS is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #92 in the Zacks Industry Rank. This group has lost an average of 0.4% so far this year, so ASOMY is performing better in this area.
In contrast, Bloomin' Brands falls under the Retail - Restaurants industry. Currently, this industry has 36 stocks and is ranked #174. Since the beginning of the year, the industry has moved +1.7%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on ASOS PLS and Bloomin' Brands as they attempt to continue their solid performance.