Investors focused on the Retail-Wholesale space have likely heard of RH (RH - 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.
RH is one of 217 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #1 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. RH is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for RH's full-year earnings has moved 5.71% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, RH has returned 2.32% so far this year. In comparison, Retail-Wholesale companies have returned an average of 1.95%. As we can see, RH is performing better than its sector in the calendar year.
Looking more specifically, RH belongs to the Retail - Home Furnishings industry, which includes 9 individual stocks and currently sits at #25 in the Zacks Industry Rank. Stocks in this group have gained about 0.19% so far this year, so RH is performing better this group in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track RH. The stock will be looking to continue its solid performance.