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Is Walmart (WMT) Stock Outpacing Its Retail-Wholesale Peers This Year?

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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? Let's take a closer look at the stock's year-to-date performance to find out.

Walmart is a member of the Retail-Wholesale sector. This group includes 223 individual stocks and currently holds a Zacks Sector Rank of #11. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. WMT is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for WMT's full-year earnings has moved 1.18% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that WMT has returned about 9.63% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 10.12%. As we can see, Walmart is performing better than its sector in the calendar year.

To break things down more, WMT belongs to the Retail - Supermarkets industry, a group that includes 11 individual companies and currently sits at #107 in the Zacks Industry Rank. On average, stocks in this group have gained 8.62% this year, meaning that WMT is performing better in terms of year-to-date returns.

WMT 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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