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Has Research Frontiers (REFR) Outpaced Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Research Frontiers (REFR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of REFR and the rest of the Computer and Technology group's stocks.

Research Frontiers is one of 625 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 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. REFR is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for REFR's full-year earnings has moved 12.50% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, REFR has gained about 13.94% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 10.33% on average. As we can see, Research Frontiers is performing better than its sector in the calendar year.

Looking more specifically, REFR belongs to the Electronics - Miscellaneous Products industry, which includes 21 individual stocks and currently sits at #175 in the Zacks Industry Rank. On average, this group has gained an average of 8.20% so far this year, meaning that REFR is performing better in terms of year-to-date returns.

REFR will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.


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