For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. MarineMax (HZO - 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 HZO and the rest of the Retail-Wholesale group's stocks.
MarineMax is a member of our Retail-Wholesale group, which includes 227 different companies and currently sits at #7 in 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. HZO is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for HZO's full-year earnings has moved 14.51% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that HZO has returned about 4.97% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 4.55% on average. As we can see, MarineMax is performing better than its sector in the calendar year.
Looking more specifically, HZO belongs to the Retail - Miscellaneous industry, a group that includes 17 individual stocks and currently sits at #69 in the Zacks Industry Rank. On average, stocks in this group have gained 4.06% this year, meaning that HZO is performing better in terms of year-to-date returns.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to HZO as it looks to continue its solid performance.