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

Zacks Equity Research

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

eBay is a member of our Retail-Wholesale group, which includes 224 different companies and currently sits at #7 in 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 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. EBAY is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for EBAY's full-year earnings has moved 3.82% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, EBAY has moved about 43.57% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 21.23% on average. This shows that eBay is outperforming its peers so far this year.

Looking more specifically, EBAY belongs to the Internet - Commerce industry, which includes 28 individual stocks and currently sits at #92 in the Zacks Industry Rank. Stocks in this group have gained about 23.53% so far this year, so EBAY is performing better this group in terms of year-to-date returns.

Investors with an interest in Retail-Wholesale stocks should continue to track EBAY. The stock will be looking to continue its solid performance.


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