Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. 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 186 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. Burlington Stores is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BURL's full-year earnings has moved 2.7% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, BURL has returned 13% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 6.4%. As we can see, Burlington Stores is performing better than its sector in the calendar year.
One other Retail-Wholesale stock that has outperformed the sector so far this year is Portillo's Inc. (PTLO). The stock is up 40.8% year-to-date.
Over the past three months, Portillo's Inc.'s consensus EPS estimate for the current year has increased 35.6%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Burlington Stores belongs to the Retail - Discount Stores industry, a group that includes 7 individual companies and currently sits at #95 in the Zacks Industry Rank. On average, stocks in this group have gained 12.2% this year, meaning that BURL is performing better in terms of year-to-date returns.
On the other hand, Portillo's Inc. belongs to the Retail - Restaurants industry. This 37-stock industry is currently ranked #188. The industry has moved +1.4% year to date.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Burlington Stores and Portillo's Inc. as they attempt to continue their solid performance.
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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).