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 Etsy (ETSY) This Year?
Read MoreHide Full Article
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Etsy (ETSY - 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.
Etsy is a member of our Retail-Wholesale group, which includes 190 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 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. Etsy is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ETSY's full-year earnings has moved 3.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ETSY has returned 46.7% so far this year. In comparison, Retail-Wholesale companies have returned an average of 1.2%. This shows that Etsy is outperforming its peers so far this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Movado (MOV - Free Report) . The stock is up 63.6% year-to-date.
In Movado's case, the consensus EPS estimate for the current year increased 3.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Etsy belongs to the Internet - Commerce industry, a group that includes 35 individual companies and currently sits at #97 in the Zacks Industry Rank. On average, this group has gained an average of 5% so far this year, meaning that ETSY is performing better in terms of year-to-date returns.
On the other hand, Movado belongs to the Retail - Jewelry industry. This 6-stock industry is currently ranked #54. The industry has moved +3.1% year to date.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Etsy and Movado as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Are Retail-Wholesale Stocks Lagging Etsy (ETSY) This Year?
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Etsy (ETSY - 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.
Etsy is a member of our Retail-Wholesale group, which includes 190 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 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. Etsy is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ETSY's full-year earnings has moved 3.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ETSY has returned 46.7% so far this year. In comparison, Retail-Wholesale companies have returned an average of 1.2%. This shows that Etsy is outperforming its peers so far this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Movado (MOV - Free Report) . The stock is up 63.6% year-to-date.
In Movado's case, the consensus EPS estimate for the current year increased 3.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Etsy belongs to the Internet - Commerce industry, a group that includes 35 individual companies and currently sits at #97 in the Zacks Industry Rank. On average, this group has gained an average of 5% so far this year, meaning that ETSY is performing better in terms of year-to-date returns.
On the other hand, Movado belongs to the Retail - Jewelry industry. This 6-stock industry is currently ranked #54. The industry has moved +3.1% year to date.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Etsy and Movado as they attempt to continue their solid performance.