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Has American Eagle Outfitters (AEO) Outpaced Other Retail-Wholesale Stocks This Year?

NantHealth, Inc. (NH) delivered earnings and revenue surprises of 23.08% and -10.83%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

Investors focused on the Retail-Wholesale space have likely heard of American Eagle Outfitters (AEO), 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.

American Eagle Outfitters is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. AEO is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for AEO's full-year earnings has moved 3.46% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, AEO has moved about 26.81% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 14%. This means that American Eagle Outfitters is outperforming the sector as a whole this year.

To break things down more, AEO belongs to the Retail - Apparel and Shoes industry, a group that includes 33 individual companies and currently sits at #40 in the Zacks Industry Rank. This group has gained an average of 3.88% so far this year, so AEO is performing better in this area.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to AEO as it looks to continue its solid performance.


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