For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is America's Car-Mart (CRMT - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
America's Car-Mart is one of 223 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #10 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 is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CRMT is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for CRMT's full-year earnings has moved 11.26% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, CRMT has gained about 30.32% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 16.68%. This shows that America's Car-Mart is outperforming its peers so far this year.
Breaking things down more, CRMT is a member of the Automotive - Retail and Whole Sales industry, which includes 9 individual companies and currently sits at #102 in the Zacks Industry Rank. Stocks in this group have gained about 15.79% so far this year, so CRMT is performing better this group in terms of year-to-date returns.
CRMT 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.