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 Deckers Outdoor (DECK) 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 Deckers (DECK - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Deckers is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within 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. Deckers is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for DECK's full-year earnings has moved 4.1% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that DECK has returned about 75.9% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 29%. As we can see, Deckers is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Sprouts Farmers (SFM - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 221.1%.
For Sprouts Farmers, the consensus EPS estimate for the current year has increased 9.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Deckers belongs to the Retail - Apparel and Shoes industry, which includes 39 individual stocks and currently sits at #73 in the Zacks Industry Rank. This group has gained an average of 34.3% so far this year, so DECK is performing better in this area.
On the other hand, Sprouts Farmers belongs to the Food - Natural Foods Products industry. This 6-stock industry is currently ranked #29. The industry has moved +84.1% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Deckers and Sprouts Farmers as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Deckers Outdoor (DECK) 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 Deckers (DECK - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Deckers is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within 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. Deckers is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for DECK's full-year earnings has moved 4.1% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that DECK has returned about 75.9% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 29%. As we can see, Deckers is performing better than its sector in the calendar year.
Another stock in the Retail-Wholesale sector, Sprouts Farmers (SFM - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 221.1%.
For Sprouts Farmers, the consensus EPS estimate for the current year has increased 9.2% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Deckers belongs to the Retail - Apparel and Shoes industry, which includes 39 individual stocks and currently sits at #73 in the Zacks Industry Rank. This group has gained an average of 34.3% so far this year, so DECK is performing better in this area.
On the other hand, Sprouts Farmers belongs to the Food - Natural Foods Products industry. This 6-stock industry is currently ranked #29. The industry has moved +84.1% year to date.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Deckers and Sprouts Farmers as they could maintain their solid performance.