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Is MarineMax (HZO) Stock Outpacing Its Retail-Wholesale Peers This Year?
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Investors focused on the Retail-Wholesale space have likely heard of MarineMax (HZO - Free Report) , 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.
MarineMax is a member of the Retail-Wholesale sector. This group includes 209 individual stocks and currently holds a Zacks Sector Rank of #5. 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. HZO is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for HZO's full-year earnings has moved 46.49% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, HZO has moved about 55.69% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 1.18%. This shows that MarineMax is outperforming its peers so far this year.
Looking more specifically, HZO belongs to the Retail - Miscellaneous industry, a group that includes 18 individual stocks and currently sits at #86 in the Zacks Industry Rank. This group has gained an average of 6.12% so far this year, so HZO is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to HZO as it looks to continue its solid performance.
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Is MarineMax (HZO) Stock Outpacing Its Retail-Wholesale Peers This Year?
Investors focused on the Retail-Wholesale space have likely heard of MarineMax (HZO - Free Report) , 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.
MarineMax is a member of the Retail-Wholesale sector. This group includes 209 individual stocks and currently holds a Zacks Sector Rank of #5. 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. HZO is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for HZO's full-year earnings has moved 46.49% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, HZO has moved about 55.69% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 1.18%. This shows that MarineMax is outperforming its peers so far this year.
Looking more specifically, HZO belongs to the Retail - Miscellaneous industry, a group that includes 18 individual stocks and currently sits at #86 in the Zacks Industry Rank. This group has gained an average of 6.12% so far this year, so HZO is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to HZO as it looks to continue its solid performance.