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Is TripAdvisor (TRIP) Stock Outpacing Its Retail-Wholesale Peers This Year?
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Investors focused on the Retail-Wholesale space have likely heard of TripAdvisor (TRIP - 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 TRIP and the rest of the Retail-Wholesale group's stocks.
TripAdvisor is one of 226 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. TRIP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRIP's full-year earnings has moved 37.57% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that TRIP has returned about 64.45% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -2.42%. This shows that TripAdvisor is outperforming its peers so far this year.
Looking more specifically, TRIP belongs to the Internet - Commerce industry, a group that includes 28 individual stocks and currently sits at #197 in the Zacks Industry Rank. This group has lost an average of 5.44% so far this year, so TRIP is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to TRIP as it looks to continue its solid performance.
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Is TripAdvisor (TRIP) Stock Outpacing Its Retail-Wholesale Peers This Year?
Investors focused on the Retail-Wholesale space have likely heard of TripAdvisor (TRIP - 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 TRIP and the rest of the Retail-Wholesale group's stocks.
TripAdvisor is one of 226 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. TRIP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRIP's full-year earnings has moved 37.57% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that TRIP has returned about 64.45% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of -2.42%. This shows that TripAdvisor is outperforming its peers so far this year.
Looking more specifically, TRIP belongs to the Internet - Commerce industry, a group that includes 28 individual stocks and currently sits at #197 in the Zacks Industry Rank. This group has lost an average of 5.44% so far this year, so TRIP is performing better in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to TRIP as it looks to continue its solid performance.