The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Deckers (DECK) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Deckers is a member of the Retail-Wholesale sector. This group includes 193 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. Deckers is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for DECK's full-year earnings has moved 7.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, DECK has gained about 14.7% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 0.1%. As we can see, Deckers is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Dollar General (DG), has outperformed the sector so far this year. The stock's year-to-date return is 14.5%.
The consensus estimate for Dollar General's current year EPS has increased 5.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Deckers is a member of the Retail - Apparel and Shoes industry, which includes 38 individual companies and currently sits at #44 in the Zacks Industry Rank. This group has gained an average of 6.5% so far this year, so DECK is performing better in this area.
On the other hand, Dollar General belongs to the Retail - Discount Stores industry. This 8-stock industry is currently ranked #26. The industry has moved +11.8% year to date.
Deckers and Dollar General 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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Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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