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Investors focused on the Retail-Wholesale space have likely heard of Buckle, Inc. The (BKE), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Buckle, Inc. The is a member of our Retail-Wholesale group, which includes 213 different companies and currently sits at #2 in the Zacks Sector Rank. 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 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. BKE is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BKE's full-year earnings has moved 13.07% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that BKE has returned about 38.94% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have lost about 6.31% on average. This shows that Buckle, Inc. The is outperforming its peers so far this year.
Looking more specifically, BKE belongs to the Retail - Apparel and Shoes industry, a group that includes 38 individual stocks and currently sits at #46 in the Zacks Industry Rank. On average, this group has gained an average of 1.80% so far this year, meaning that BKE is performing better in terms of year-to-date returns.
BKE will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.
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Buckle, Inc. The (BKE) : Free Stock Analysis Report
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