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? One simple way to answer this question is to take a look at the year-to-date performance of RH and the rest of the Retail-Wholesale group's stocks.
Restoration Hardware Holdings is one of 213 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. RH is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for RH's full-year earnings has moved 8.81% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, RH has returned 56.93% so far this year. In comparison, Retail-Wholesale companies have returned an average of 18.32%. This shows that Restoration Hardware Holdings is outperforming its peers so far this year.
Breaking things down more, RH is a member of the Retail - Home Furnishings industry, which includes 8 individual companies and currently sits at #232 in the Zacks Industry Rank. This group has lost an average of 2.06% so far this year, so RH is performing better in this area.
Investors with an interest in Retail-Wholesale stocks should continue to track RH. The stock will be looking to continue its solid performance.