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Is The Habit Restaurants (HABT) Outperforming Other Retail-Wholesale Stocks This Year?

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Investors focused on the Retail-Wholesale space have likely heard of The Habit Restaurants , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

The Habit Restaurants is a member of our Retail-Wholesale group, which includes 222 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. HABT is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for HABT's full-year earnings has moved 163.64% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, HABT has gained about 8.57% so far this year. In comparison, Retail-Wholesale companies have returned an average of 6.21%. This means that The Habit Restaurants is outperforming the sector as a whole this year.

To break things down more, HABT belongs to the Retail - Restaurants industry, a group that includes 47 individual companies and currently sits at #177 in the Zacks Industry Rank. On average, this group has gained an average of 2.31% so far this year, meaning that HABT is performing better in terms of year-to-date returns.

HABT will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.

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