U.S. Markets open in 12 mins

Has Good Times Restaurants (GTIM) Outpaced Other Retail-Wholesale Stocks This Year?

Zacks Equity Research
Does FireEye (FEYE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Good Times Restaurants (GTIM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Good Times Restaurants is a member of the Retail-Wholesale sector. This group includes 155 individual stocks and currently holds a Zacks Sector Rank of #4. 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 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. GTIM is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for GTIM's full-year earnings has moved 80% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, GTIM has returned 75.09% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 6.81% on a year-to-date basis. This means that Good Times Restaurants is outperforming the sector as a whole this year.

Looking more specifically, GTIM belongs to the Retail - Restaurants industry, a group that includes 47 individual stocks and currently sits at #101 in the Zacks Industry Rank. This group has gained an average of 5.54% so far this year, so GTIM is performing better in this area.

GTIM will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Good Times Restaurants Inc. (GTIM) : Free Stock Analysis Report
To read this article on Zacks.com click here.