The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Aramark (ARMK) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Aramark is one of 183 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within the Zacks Sector Rank. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Aramark is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ARMK'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.
Our latest available data shows that ARMK has returned about 42.6% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 1% on a year-to-date basis. As we can see, Aramark is performing better than its sector in the calendar year.
Another Retail-Wholesale stock, which has outperformed the sector so far this year, is Figs (FIGS). The stock has returned 77.8% year-to-date.
In Figs' case, the consensus EPS estimate for the current year increased 23.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Aramark belongs to the Retail - Restaurants industry, a group that includes 37 individual stocks and currently sits at #94 in the Zacks Industry Rank. On average, this group has lost an average of 8% so far this year, meaning that ARMK is performing better in terms of year-to-date returns.
On the other hand, Figs belongs to the Retail - Apparel and Shoes industry. This 38-stock industry is currently ranked #151. The industry has moved -10.5% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Aramark and Figs as they could maintain their solid performance.
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This article originally published on Zacks Investment Research (zacks.com).