Investors focused on the Retail-Wholesale space have likely heard of Stampscom (STMP - 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.
Stampscom is a member of the Retail-Wholesale sector. This group includes 210 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. STMP is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for STMP's full-year earnings has moved 573.13% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, STMP has gained about 121.50% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 0.47%. This shows that Stampscom is outperforming its peers so far this year.
Looking more specifically, STMP belongs to the Internet - Commerce industry, which includes 28 individual stocks and currently sits at #49 in the Zacks Industry Rank. On average, this group has gained an average of 13.06% so far this year, meaning that STMP is performing better in terms of year-to-date returns.
STMP 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.