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Is Ross Stores (ROST) Outperforming Other Retail-Wholesale Stocks This Year?

Zacks

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ross Stores (ROST) 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.

Ross Stores is a member of the Retail-Wholesale sector. This group includes 228 individual stocks and currently holds a Zacks Sector Rank of #3. 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. ROST is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for ROST's full-year earnings has moved 3.80% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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Our latest available data shows that ROST has returned about 2.98% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 1% on a year-to-date basis. This means that Ross Stores is outperforming the sector as a whole this year.

Looking more specifically, ROST belongs to the Retail - Discount Stores industry, which includes 10 individual stocks and currently sits at #31 in the Zacks Industry Rank. On average, stocks in this group have gained 11.94% this year, meaning that ROST is slightly underperforming its industry in terms of year-to-date returns.

ROST will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.


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