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? One simple way to answer this question is to take a look at the year-to-date performance of TRIP and the rest of the Retail-Wholesale group's stocks.
TripAdvisor is one of 222 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. TRIP is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for TRIP's full-year earnings has moved 31.50% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, TRIP has returned 5.99% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 5.74% on average. As we can see, TripAdvisor is performing better than its sector in the calendar year.
Breaking things down more, TRIP is a member of the Internet - Commerce industry, which includes 27 individual companies and currently sits at #81 in the Zacks Industry Rank. On average, stocks in this group have gained 8.29% this year, meaning that TRIP is slightly underperforming its industry in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track TRIP. The stock will be looking to continue its solid performance.