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.
Has Alliance Laundry Holdings Inc. (ALH) Outpaced Other Retail-Wholesale Stocks 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 Alliance Laundry Holdings (ALH - 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.
Alliance Laundry Holdings is one of 184 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #11 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. Alliance Laundry Holdings is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ALH's full-year earnings has moved 7.5% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ALH has returned about 18.9% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 5.9% on average. This means that Alliance Laundry Holdings is outperforming the sector as a whole this year.
Cheesecake Factory (CAKE - 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 117.3%.
Over the past three months, Cheesecake Factory's consensus EPS estimate for the current year has increased 5.3%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Alliance Laundry Holdings is a member of the Retail - Home Furnishings industry, which includes 10 individual companies and currently sits at #176 in the Zacks Industry Rank. Stocks in this group have gained about 0.6% so far this year, so ALH is performing better this group in terms of year-to-date returns.
In contrast, Cheesecake Factory falls under the Retail - Restaurants industry. Currently, this industry has 37 stocks and is ranked #179. Since the beginning of the year, the industry has moved -0.3%.
Alliance Laundry Holdings and Cheesecake Factory could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.
View the Zacks #1 Rank List
Image: Bigstock
Has Alliance Laundry Holdings Inc. (ALH) Outpaced 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. Has Alliance Laundry Holdings (ALH - 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.
Alliance Laundry Holdings is one of 184 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #11 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. Alliance Laundry Holdings is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ALH's full-year earnings has moved 7.5% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ALH has returned about 18.9% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 5.9% on average. This means that Alliance Laundry Holdings is outperforming the sector as a whole this year.
Cheesecake Factory (CAKE - 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 117.3%.
Over the past three months, Cheesecake Factory's consensus EPS estimate for the current year has increased 5.3%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Alliance Laundry Holdings is a member of the Retail - Home Furnishings industry, which includes 10 individual companies and currently sits at #176 in the Zacks Industry Rank. Stocks in this group have gained about 0.6% so far this year, so ALH is performing better this group in terms of year-to-date returns.
In contrast, Cheesecake Factory falls under the Retail - Restaurants industry. Currently, this industry has 37 stocks and is ranked #179. Since the beginning of the year, the industry has moved -0.3%.
Alliance Laundry Holdings and Cheesecake Factory could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.