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Is O'Reilly Automotive (ORLY) Outperforming Other Retail-Wholesale Stocks This Year?

OUT vs. DLR: Which Stock Is the Better Value Option?

Investors focused on the Retail-Wholesale space have likely heard of O'Reilly Automotive (ORLY), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

O'Reilly Automotive is one of 227 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #9 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 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. ORLY is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for ORLY's full-year earnings has moved 1.23% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that ORLY has returned about 40.54% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 3.92% on average. This shows that O'Reilly Automotive is outperforming its peers so far this year.

Looking more specifically, ORLY belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual stocks and currently sits at #18 in the Zacks Industry Rank. On average, stocks in this group have gained 28.10% this year, meaning that ORLY is performing better in terms of year-to-date returns.

Investors in the Retail-Wholesale sector will want to keep a close eye on ORLY as it attempts to continue its solid performance.

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