Investors focused on the Retail-Wholesale space have likely heard of The Kroger (KR), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of KR and the rest of the Retail-Wholesale group's stocks.
The Kroger is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. KR is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for KR's full-year earnings has moved 2.29% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that KR has returned about 17.70% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 17.18%. As we can see, The Kroger is performing better than its sector in the calendar year.
Looking more specifically, KR belongs to the Retail - Supermarkets industry, which includes 10 individual stocks and currently sits at #233 in the Zacks Industry Rank. This group has gained an average of 0.49% so far this year, so KR is performing better in this area.
Investors in the Retail-Wholesale sector will want to keep a close eye on KR as it attempts to continue its solid performance.
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The Kroger Co. (KR) : Free Stock Analysis Report
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