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 Brinker International (EAT) one of those stocks right now? 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 194 individual stocks and currently holds a Zacks Sector Rank of #6. 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. Brinker International is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for EAT's full-year earnings has moved 5.3% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, EAT has returned 11.9% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 11.4%. This means that Brinker International is outperforming the sector as a whole this year.
Genuine Parts (GPC) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 13%.
In Genuine Parts' case, the consensus EPS estimate for the current year increased 0.1% 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 #195 in the Zacks Industry Rank. This group has lost an average of 3.1% so far this year, so EAT is performing better in this area.
On the other hand, Genuine Parts belongs to the Automotive - Retail and Wholesale - Parts industry. This 6-stock industry is currently ranked #97. The industry has moved +15.2% year to date.
Brinker International and Genuine Parts 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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Brinker International, Inc. (EAT): Free Stock Analysis Report Genuine Parts Company (GPC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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