Is Dillard's (DDS) Stock Outpacing Its Retail-Wholesale Peers This Year?

Zacks

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Dillard's (DDS) been one of those stocks this year? 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.

Dillard's is one of 214 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. DDS is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for DDS's full-year earnings has moved 5.44% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, DDS has moved about 57.37% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 10.03% on average. This means that Dillard's is outperforming the sector as a whole this year.

Breaking things down more, DDS is a member of the Retail – Regional Department Stores industry, which includes 5 individual companies and currently sits at #46 in the Zacks Industry Rank. This group has gained an average of 40.61% so far this year, so DDS is performing better in this area.

Investors with an interest in Retail-Wholesale stocks should continue to track DDS. The stock will be looking to continue its solid performance.

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

To read this article on Zacks.com click here.

Be the first to comment

Leave a Reply