The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Burlington Stores (BURL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of BURL and the rest of the Retail-Wholesale group's stocks.
Burlington Stores is one of 155 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #3 within the Zacks Sector Rank. 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. BURL is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for BURL's full-year earnings has moved 3.02% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, BURL has returned 25.85% so far this year. In comparison, Retail-Wholesale companies have returned an average of 17.02%. As we can see, Burlington Stores is performing better than its sector in the calendar year.
Looking more specifically, BURL belongs to the Retail - Discount Stores industry, which includes 3 individual stocks and currently sits at #24 in the Zacks Industry Rank. Stocks in this group have gained about 23.54% so far this year, so BURL is performing better this group in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track BURL. The stock will be looking to continue its 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