Is Urban Outfitters (URBN) Outperforming Other Retail-Wholesale Stocks This Year?

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Is Urban Outfitters (URBN) Outperforming Other Retail-Wholesale Stocks This Year?

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 Urban Outfitters (URBN) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Urban Outfitters is a member of our Retail-Wholesale group, which includes 190 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. Urban Outfitters is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for URBN's full-year earnings has moved 2.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that URBN has returned about 0.9% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have lost about 2.9% on average. This means that Urban Outfitters is performing better than its sector in terms of year-to-date returns.

Wayfair (W) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 3.3%.

For Wayfair, the consensus EPS estimate for the current year has increased 54.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Urban Outfitters belongs to the Retail - Apparel and Shoes industry, a group that includes 39 individual stocks and currently sits at #81 in the Zacks Industry Rank. On average, stocks in this group have lost 20.4% this year, meaning that URBN is performing better in terms of year-to-date returns.

In contrast, Wayfair falls under the Internet - Commerce industry. Currently, this industry has 35 stocks and is ranked #170. Since the beginning of the year, the industry has moved -0.2%.

Urban Outfitters and Wayfair 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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Urban Outfitters, Inc. (URBN): Free Stock Analysis Report
 
Wayfair Inc. (W): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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