Investors focused on the Retail-Wholesale space have likely heard of Ross Stores (ROST - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
Ross Stores is one of 224 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #5 in 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 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. ROST is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ROST's full-year earnings has moved 0.65% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, ROST has returned 15.58% so far this year. In comparison, Retail-Wholesale companies have returned an average of 11.26%. This shows that Ross Stores is outperforming its peers so far this year.
To break things down more, ROST belongs to the Retail - Discount Stores industry, a group that includes 10 individual companies and currently sits at #29 in the Zacks Industry Rank. This group has gained an average of 19.98% so far this year, so ROST is slightly underperforming its industry in this area.
Investors with an interest in Retail-Wholesale stocks should continue to track ROST. The stock will be looking to continue its solid performance.