Investors focused on the Retail-Wholesale space have likely heard of America's Car-Mart (CRMT - 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.
America's Car-Mart is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #4. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CRMT is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for CRMT's full-year earnings has moved 5.94% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CRMT has moved about 41.88% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 13.03% on average. This means that America's Car-Mart is outperforming the sector as a whole this year.
To break things down more, CRMT belongs to the Automotive - Retail and Whole Sales industry, a group that includes 9 individual companies and currently sits at #9 in the Zacks Industry Rank. This group has lost an average of 2.83% so far this year, so CRMT is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to CRMT as it looks to continue its solid performance.