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Is RH (RH) Stock Outpacing Its Retail-Wholesale Peers This Year?

Zacks Equity Research
·2-min read

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. RH (RH) 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 RH and the rest of the Retail-Wholesale group's stocks.

RH is one of 219 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #1 within 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. RH is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for RH's full-year earnings has moved 14.51% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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Our latest available data shows that RH has returned about 46.03% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of -7.60% on a year-to-date basis. As we can see, RH is performing better than its sector in the calendar year.

Looking more specifically, RH belongs to the Retail - Home Furnishings industry, which includes 9 individual stocks and currently sits at #45 in the Zacks Industry Rank. Stocks in this group have gained about 48.52% so far this year, so RH is slightly underperforming its industry this group in terms of year-to-date returns.

Investors in the Retail-Wholesale sector will want to keep a close eye on RH as it attempts to continue its solid performance.


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