Investors focused on the Retail-Wholesale space have likely heard of Walmart (WMT - 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 WMT and the rest of the Retail-Wholesale group's stocks.
Walmart is one of 218 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 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. WMT is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for WMT's full-year earnings has moved 1.32% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that WMT has returned about 7.22% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 11.41% on average. As we can see, Walmart is performing better than its sector in the calendar year.
Looking more specifically, WMT belongs to the Retail - Supermarkets industry, a group that includes 11 individual stocks and currently sits at #17 in the Zacks Industry Rank. On average, stocks in this group have gained 7.43% this year, meaning that WMT is slightly underperforming its industry in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track WMT. The stock will be looking to continue its solid performance.