Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Expedia Group (EXPE - 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Expedia Group is one of 218 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #13 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 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. EXPE is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for EXPE's full-year earnings has moved 7.17% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, EXPE has moved about 7.23% on a year-to-date basis. In comparison, Retail-Wholesale companies have returned an average of 12.12%. This shows that Expedia Group is outperforming its peers so far this year.
Looking more specifically, EXPE belongs to the Internet - Commerce industry, which includes 27 individual stocks and currently sits at #205 in the Zacks Industry Rank. On average, stocks in this group have gained 18.37% this year, meaning that EXPE is slightly underperforming its industry in terms of year-to-date returns.
EXPE 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.