Investors focused on the Retail-Wholesale space have likely heard of O'Reilly Automotive (ORLY - 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 ORLY and the rest of the Retail-Wholesale group's stocks.
O'Reilly Automotive is one of 226 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #6 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 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. ORLY is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ORLY's full-year earnings has moved 1.23% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ORLY has returned 42.65% so far this year. In comparison, Retail-Wholesale companies have returned an average of -2.94%. This means that O'Reilly Automotive is outperforming the sector as a whole this year.
To break things down more, ORLY belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual companies and currently sits at #13 in the Zacks Industry Rank. This group has gained an average of 25.23% so far this year, so ORLY is performing better in this area.
Investors with an interest in Retail-Wholesale stocks should continue to track ORLY. The stock will be looking to continue its solid performance.