Investors focused on the Retail-Wholesale space have likely heard of Chipotle Mexican Grill (CMG - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
Chipotle Mexican Grill is one of 224 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #7 within 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. CMG is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CMG's full-year earnings has moved 5.23% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, CMG has gained about 64.40% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 13.03% on average. As we can see, Chipotle Mexican Grill is performing better than its sector in the calendar year.
Looking more specifically, CMG belongs to the Retail - Restaurants industry, a group that includes 47 individual stocks and currently sits at #89 in the Zacks Industry Rank. On average, this group has gained an average of 21.64% so far this year, meaning that CMG is performing better in terms of year-to-date returns.
CMG 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.