Credit: Shutterstock photoInvestors 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? Let's take a closer look at the stock's year-to-date performance to find out.
Restoration Hardware Holdings is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #7. 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 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. RH is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for RH's full-year earnings has moved 13.77% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, RH has moved about 73.65% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 16.60% on average. This means that Restoration Hardware Holdings is outperforming the sector as a whole this year.
Breaking things down more, RH is a member of the Retail - Home Furnishings industry, which includes 8 individual companies and currently sits at #115 in the Zacks Industry Rank. On average, this group has gained an average of 1.03% so far this year, meaning that RH is performing better in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track RH. The stock will be looking to continue its solid performance.
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Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
