We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Capri Holdings (CPRI) Stock Outpacing Its Retail-Wholesale Peers This Year?
Read MoreHide Full Article
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Capri Holdings (CPRI - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Capri Holdings is a member of the Retail-Wholesale sector. This group includes 221 individual stocks and currently holds a Zacks Sector Rank of #10. 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 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. CPRI is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CPRI's full-year earnings has moved 17.62% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that CPRI has returned about 54.12% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -3.40%. This shows that Capri Holdings is outperforming its peers so far this year.
Looking more specifically, CPRI belongs to the Retail - Apparel and Shoes industry, a group that includes 39 individual stocks and currently sits at #109 in the Zacks Industry Rank. On average, this group has gained an average of 10.06% so far this year, meaning that CPRI is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on CPRI as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Capri Holdings (CPRI) Stock Outpacing Its Retail-Wholesale Peers This Year?
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Capri Holdings (CPRI - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
Capri Holdings is a member of the Retail-Wholesale sector. This group includes 221 individual stocks and currently holds a Zacks Sector Rank of #10. 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 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. CPRI is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CPRI's full-year earnings has moved 17.62% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that CPRI has returned about 54.12% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -3.40%. This shows that Capri Holdings is outperforming its peers so far this year.
Looking more specifically, CPRI belongs to the Retail - Apparel and Shoes industry, a group that includes 39 individual stocks and currently sits at #109 in the Zacks Industry Rank. On average, this group has gained an average of 10.06% so far this year, meaning that CPRI is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on CPRI as it attempts to continue its solid performance.