Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. IAC/InterActiveCorp (IAC - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of IAC and the rest of the Retail-Wholesale group's stocks.
IAC/InterActiveCorp is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #7 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. IAC is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for IAC's full-year earnings has moved 0.82% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, IAC has moved about 24.11% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 12.36% on average. This shows that IAC/InterActiveCorp is outperforming its peers so far this year.
Looking more specifically, IAC belongs to the Internet - Commerce industry, which includes 25 individual stocks and currently sits at #185 in the Zacks Industry Rank. On average, this group has gained an average of 29.86% so far this year, meaning that IAC is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on IAC as it attempts to continue its solid performance.