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Is America's Car-Mart (CRMT) Stock Outpacing Its Retail-Wholesale Peers This Year?
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Investors focused on the Retail-Wholesale space have likely heard of America's Car-Mart (CRMT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of CRMT and the rest of the Retail-Wholesale group's stocks.
America's Car-Mart is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #3 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 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. CRMT is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CRMT's full-year earnings has moved 6.52% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, CRMT has moved about 40.09% on a year-to-date basis. In comparison, Retail-Wholesale companies have returned an average of 14.05%. This shows that America's Car-Mart is outperforming its peers so far this year.
Looking more specifically, CRMT belongs to the Automotive - Retail and Whole Sales industry, a group that includes 9 individual stocks and currently sits at #64 in the Zacks Industry Rank. Stocks in this group have lost about 6.70% so far this year, so CRMT is performing better this group in terms of year-to-date returns.
CRMT will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.
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Is America's Car-Mart (CRMT) Stock Outpacing Its Retail-Wholesale Peers This Year?
Investors focused on the Retail-Wholesale space have likely heard of America's Car-Mart (CRMT - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of CRMT and the rest of the Retail-Wholesale group's stocks.
America's Car-Mart is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #3 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 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. CRMT is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for CRMT's full-year earnings has moved 6.52% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, CRMT has moved about 40.09% on a year-to-date basis. In comparison, Retail-Wholesale companies have returned an average of 14.05%. This shows that America's Car-Mart is outperforming its peers so far this year.
Looking more specifically, CRMT belongs to the Automotive - Retail and Whole Sales industry, a group that includes 9 individual stocks and currently sits at #64 in the Zacks Industry Rank. Stocks in this group have lost about 6.70% so far this year, so CRMT is performing better this group in terms of year-to-date returns.
CRMT will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.