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Is FIGS (FIGS) Stock Outpacing Its Retail-Wholesale Peers 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. Has Figs (FIGS - Free Report) been one of those stocks this year? 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.
Figs is a member of the Retail-Wholesale sector. This group includes 183 individual stocks and currently holds a Zacks Sector Rank of #6. 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. Figs is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for FIGS' full-year earnings has moved 23.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, FIGS has returned 23.9% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 4.4%. This means that Figs is outperforming the sector as a whole this year.
Pattern Group (PTRN - 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 50.8%.
For Pattern Group, the consensus EPS estimate for the current year has increased 10.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Figs is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #89 in the Zacks Industry Rank. This group has lost an average of 15.6% so far this year, so FIGS is performing better in this area.
On the other hand, Pattern Group belongs to the Internet - Commerce industry. This 31-stock industry is currently ranked #191. The industry has moved -1.2% year to date.
Investors with an interest in Retail-Wholesale stocks should continue to track Figs and Pattern Group. These stocks will be looking to continue their solid performance.
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Is FIGS (FIGS) Stock Outpacing Its Retail-Wholesale Peers This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Figs (FIGS - Free Report) been one of those stocks this year? 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.
Figs is a member of the Retail-Wholesale sector. This group includes 183 individual stocks and currently holds a Zacks Sector Rank of #6. 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. Figs is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for FIGS' full-year earnings has moved 23.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, FIGS has returned 23.9% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 4.4%. This means that Figs is outperforming the sector as a whole this year.
Pattern Group (PTRN - 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 50.8%.
For Pattern Group, the consensus EPS estimate for the current year has increased 10.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Figs is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #89 in the Zacks Industry Rank. This group has lost an average of 15.6% so far this year, so FIGS is performing better in this area.
On the other hand, Pattern Group belongs to the Internet - Commerce industry. This 31-stock industry is currently ranked #191. The industry has moved -1.2% year to date.
Investors with an interest in Retail-Wholesale stocks should continue to track Figs and Pattern Group. These stocks will be looking to continue their solid performance.