Markets

Has RH (RH) Outpaced Other Retail-Wholesale Stocks This Year?

Investors focused on the Retail-Wholesale space have likely heard of RH (RH), but is the stock performing well in comparison to the rest of its sector peers? 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.

RH is one of 204 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. 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 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. RH is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for RH's full-year earnings has moved 49.31% 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, RH has returned 84.58% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 37.81% on a year-to-date basis. This means that RH is performing better than its sector in terms of year-to-date returns.

To break things down more, RH belongs to the Retail - Home Furnishings industry, a group that includes 8 individual companies and currently sits at #22 in the Zacks Industry Rank. On average, stocks in this group have gained 29.89% this year, meaning that RH is performing better in terms of year-to-date returns.

RH 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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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