Investors focused on the Retail-Wholesale space have likely heard of Fiesta Restaurant Group (FRGI - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Fiesta Restaurant Group is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. FRGI is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for FRGI's full-year earnings has moved 16.69% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, FRGI has moved about 58.95% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 12.82% on average. This means that Fiesta Restaurant Group is performing better than its sector in terms of year-to-date returns.
Looking more specifically, FRGI belongs to the Retail - Restaurants industry, a group that includes 50 individual stocks and currently sits at #106 in the Zacks Industry Rank. On average, this group has lost an average of 1.04% so far this year, meaning that FRGI is performing better in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track FRGI. The stock will be looking to continue its solid performance.