We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Costco Wholesale (COST) Stock Outpacing Its Retail-Wholesale Peers This Year?
Read MoreHide Full Article
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Costco (COST - Free Report) one of those stocks right now? 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.
Costco is a member of our Retail-Wholesale group, which includes 221 different companies and currently sits at #7 in the Zacks Sector Rank. 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. Costco is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for COST's full-year earnings has moved 2.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, COST has moved about 26.7% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 18.1% on average. As we can see, Costco is performing better than its sector in the calendar year.
Shake Shack (SHAK - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 45.7%.
The consensus estimate for Shake Shack's current year EPS has increased 29.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Costco belongs to the Retail - Discount Stores industry, which includes 8 individual stocks and currently sits at #65 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so COST is performing better in this area.
Shake Shack, however, belongs to the Retail - Restaurants industry. Currently, this 42-stock industry is ranked #65. The industry has moved +8.2% so far this year.
Costco and Shake Shack could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Costco Wholesale (COST) Stock Outpacing Its Retail-Wholesale Peers This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Costco (COST - Free Report) one of those stocks right now? 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.
Costco is a member of our Retail-Wholesale group, which includes 221 different companies and currently sits at #7 in the Zacks Sector Rank. 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. Costco is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for COST's full-year earnings has moved 2.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, COST has moved about 26.7% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 18.1% on average. As we can see, Costco is performing better than its sector in the calendar year.
Shake Shack (SHAK - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 45.7%.
The consensus estimate for Shake Shack's current year EPS has increased 29.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Costco belongs to the Retail - Discount Stores industry, which includes 8 individual stocks and currently sits at #65 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so COST is performing better in this area.
Shake Shack, however, belongs to the Retail - Restaurants industry. Currently, this 42-stock industry is ranked #65. The industry has moved +8.2% so far this year.
Costco and Shake Shack could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks.