Investors focused on the Retail-Wholesale space have likely heard of Urban Outfitters (URBN), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Urban Outfitters is a member of the Retail-Wholesale sector. This group includes 227 individual stocks and currently holds a Zacks Sector Rank of #9. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. URBN is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for URBN's full-year earnings has moved 2.37% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that URBN has returned about 6.96% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 6.41%. As we can see, Urban Outfitters is performing better than its sector in the calendar year.
Breaking things down more, URBN is a member of the Retail - Apparel and Shoes industry, which includes 41 individual companies and currently sits at #70 in the Zacks Industry Rank. This group has lost an average of 7.13% so far this year, so URBN is performing better in this area.
Investors with an interest in Retail-Wholesale stocks should continue to track URBN. The stock will be looking to continue its solid performance.