For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. BJ's Restaurants (BJRI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
BJ's Restaurants is a member of the Retail-Wholesale sector. This group includes 187 individual stocks and currently holds a Zacks Sector Rank of #5. 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. BJ's Restaurants is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BJRI's full-year earnings has moved 1.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, BJRI has returned 71.3% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 1.5% on average. This means that BJ's Restaurants is outperforming the sector as a whole this year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Burlington Stores (BURL). The stock is up 19.6% year-to-date.
In Burlington Stores' case, the consensus EPS estimate for the current year increased 3.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, BJ's Restaurants belongs to the Retail - Restaurants industry, a group that includes 36 individual stocks and currently sits at #192 in the Zacks Industry Rank. Stocks in this group have gained about 0.5% so far this year, so BJRI is performing better this group in terms of year-to-date returns.
In contrast, Burlington Stores falls under the Retail - Discount Stores industry. Currently, this industry has 7 stocks and is ranked #22. Since the beginning of the year, the industry has moved +10.8%.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to BJ's Restaurants and Burlington Stores as they could maintain their solid performance.
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BJ's Restaurants, Inc. (BJRI): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).