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 Etsy (ETSY) Stock Outpacing Its Retail-Wholesale Peers 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. Is Etsy (ETSY - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Etsy is a member of the Retail-Wholesale sector. This group includes 190 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. 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.
Our latest available data shows that ETSY has returned about 32.5% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -3.7%. This means that Etsy is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is El Pollo Loco Holdings (LOCO - Free Report) . The stock is up 38.9% year-to-date.
The consensus estimate for El Pollo Loco Holdings' current year EPS has increased 3.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Etsy is a member of the Internet - Commerce industry, which includes 35 individual companies and currently sits at #165 in the Zacks Industry Rank. Stocks in this group have lost about 1.1% so far this year, so ETSY is performing better this group in terms of year-to-date returns.
On the other hand, El Pollo Loco Holdings belongs to the Retail - Restaurants industry. This 36-stock industry is currently ranked #163. The industry has moved -10.6% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Etsy and El Pollo Loco Holdings as they could maintain their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Etsy (ETSY) Stock Outpacing Its Retail-Wholesale Peers 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. Is Etsy (ETSY - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Etsy is a member of the Retail-Wholesale sector. This group includes 190 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. 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.
Our latest available data shows that ETSY has returned about 32.5% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -3.7%. This means that Etsy is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is El Pollo Loco Holdings (LOCO - Free Report) . The stock is up 38.9% year-to-date.
The consensus estimate for El Pollo Loco Holdings' current year EPS has increased 3.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Etsy is a member of the Internet - Commerce industry, which includes 35 individual companies and currently sits at #165 in the Zacks Industry Rank. Stocks in this group have lost about 1.1% so far this year, so ETSY is performing better this group in terms of year-to-date returns.
On the other hand, El Pollo Loco Holdings belongs to the Retail - Restaurants industry. This 36-stock industry is currently ranked #163. The industry has moved -10.6% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Etsy and El Pollo Loco Holdings as they could maintain their solid performance.