Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Brinker International (EAT) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Brinker International is a member of the Retail-Wholesale sector. This group includes 204 individual stocks and currently holds a Zacks Sector Rank of #12. 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 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. Brinker International is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for EAT's full-year earnings has moved 4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, EAT has moved about 24.4% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 4.7% on a year-to-date basis. This means that Brinker International is performing better than its sector in terms of year-to-date returns.
Another stock in the Retail-Wholesale sector, Portillo's Inc. (PTLO), has outperformed the sector so far this year. The stock's year-to-date return is 16.2%.
For Portillo's Inc., the consensus EPS estimate for the current year has increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Brinker International belongs to the Retail - Restaurants industry, which includes 39 individual stocks and currently sits at #151 in the Zacks Industry Rank. Stocks in this group have gained about 0.5% so far this year, so EAT is performing better this group in terms of year-to-date returns. Portillo's Inc. is also part of the same industry.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on Brinker International and Portillo's Inc. as they attempt to continue their solid performance.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Brinker International, Inc. (EAT): Free Stock Analysis Report Portillo's Inc. (PTLO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
