Investors focused on the Retail-Wholesale space have likely heard of TripAdvisor (TRIP - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
TripAdvisor is one of 227 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within 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 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. TRIP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRIP's full-year earnings has moved 37.87% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, TRIP has gained about 87.44% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 10.33%. This shows that TripAdvisor is outperforming its peers so far this year.
Looking more specifically, TRIP belongs to the Internet - Commerce industry, a group that includes 28 individual stocks and currently sits at #171 in the Zacks Industry Rank. Stocks in this group have gained about 10.83% so far this year, so TRIP is performing better this group in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on TRIP as it attempts to continue its solid performance.