For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Burlington Stores (BURL) one of those stocks right now? 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.
Burlington Stores is a member of the Retail-Wholesale sector. This group includes 189 individual stocks and currently holds a Zacks Sector Rank of #13. 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 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. Burlington Stores is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for BURL's full-year earnings has moved 4.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, BURL has gained about 17.2% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 0.5% on average. This shows that Burlington Stores is outperforming its peers so far this year.
Another stock in the Retail-Wholesale sector, Urban Outfitters (URBN), has outperformed the sector so far this year. The stock's year-to-date return is 2.3%.
In Urban Outfitters' case, the consensus EPS estimate for the current year increased 3.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Burlington Stores belongs to the Retail - Discount Stores industry, which includes 7 individual stocks and currently sits at #27 in the Zacks Industry Rank. Stocks in this group have gained about 14.7% so far this year, so BURL is performing better this group in terms of year-to-date returns.
Urban Outfitters, however, belongs to the Retail - Apparel and Shoes industry. Currently, this 40-stock industry is ranked #84. The industry has moved -1.1% so far this year.
Burlington Stores and Urban Outfitters could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.
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Burlington Stores, Inc. (BURL): Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).