Investors focused on the Retail-Wholesale space have likely heard of Restoration Hardware Holdings (RH - 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.
Restoration Hardware Holdings is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. RH is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for RH's full-year earnings has moved 29.44% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that RH has returned about 50.30% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 17.52% on average. As we can see, Restoration Hardware Holdings is performing better than its sector in the calendar year.
To break things down more, RH belongs to the Retail - Home Furnishings industry, a group that includes 8 individual companies and currently sits at #220 in the Zacks Industry Rank. This group has gained an average of 1.92% so far this year, so RH is performing better in this area.
RH will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.