Investors focused on the Retail-Wholesale space have likely heard of Restoration Hardware Holdings (RH), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Restoration Hardware Holdings is one of 219 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #5 within the Zacks Sector Rank. 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 is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. RH is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for RH's full-year earnings has moved 10.56% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, RH has gained about 13.40% so far this year. In comparison, Retail-Wholesale companies have returned an average of 10.70%. This shows that Restoration Hardware Holdings is outperforming its peers so far this year.
Looking more specifically, RH belongs to the Retail - Home Furnishings industry, a group that includes 9 individual stocks and currently sits at #222 in the Zacks Industry Rank. On average, this group has gained an average of 15.06% so far this year, meaning that RH is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on RH as it attempts to continue its solid performance.
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