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Is Alliance Laundry Holdings Inc. (ALH) Outperforming Other Retail-Wholesale Stocks This Year?
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Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Alliance Laundry Holdings (ALH - 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.
Alliance Laundry Holdings is a member of our Retail-Wholesale group, which includes 187 different companies and currently sits at #6 in 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Alliance Laundry Holdings is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ALH's full-year earnings has moved 9.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ALH has returned about 25.2% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 4.7%. This shows that Alliance Laundry Holdings is outperforming its peers so far this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Brinker International (EAT - Free Report) . The stock is up 65.2% year-to-date.
In Brinker International's case, the consensus EPS estimate for the current year increased 6.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Alliance Laundry Holdings belongs to the Retail - Home Furnishings industry, a group that includes 10 individual companies and currently sits at #212 in the Zacks Industry Rank. On average, this group has lost an average of 2.7% so far this year, meaning that ALH is performing better in terms of year-to-date returns.
On the other hand, Brinker International belongs to the Retail - Restaurants industry. This 36-stock industry is currently ranked #146. The industry has moved -1.4% year to date.
Alliance Laundry Holdings and Brinker International could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.
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Is Alliance Laundry Holdings Inc. (ALH) Outperforming Other Retail-Wholesale Stocks This Year?
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Alliance Laundry Holdings (ALH - 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.
Alliance Laundry Holdings is a member of our Retail-Wholesale group, which includes 187 different companies and currently sits at #6 in 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Alliance Laundry Holdings is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ALH's full-year earnings has moved 9.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ALH has returned about 25.2% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 4.7%. This shows that Alliance Laundry Holdings is outperforming its peers so far this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Brinker International (EAT - Free Report) . The stock is up 65.2% year-to-date.
In Brinker International's case, the consensus EPS estimate for the current year increased 6.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Alliance Laundry Holdings belongs to the Retail - Home Furnishings industry, a group that includes 10 individual companies and currently sits at #212 in the Zacks Industry Rank. On average, this group has lost an average of 2.7% so far this year, meaning that ALH is performing better in terms of year-to-date returns.
On the other hand, Brinker International belongs to the Retail - Restaurants industry. This 36-stock industry is currently ranked #146. The industry has moved -1.4% year to date.
Alliance Laundry Holdings and Brinker International could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.