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? 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.
Walmart is a member of our Retail-Wholesale group, which includes 224 different companies and currently sits at #4 in 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 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. WMT is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for WMT's full-year earnings has moved 1.61% 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, WMT has gained about 25.88% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 20.77% on a year-to-date basis. This means that Walmart is performing better than its sector in terms of year-to-date returns.
Looking more specifically, WMT belongs to the Retail - Supermarkets industry, a group that includes 10 individual stocks and currently sits at #149 in the Zacks Industry Rank. Stocks in this group have gained about 24.17% so far this year, so WMT is performing better this group 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.