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.
Has Starbucks (SBUX) Outpaced Other Retail-Wholesale Stocks This Year?
Read MoreHide Full Article
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Starbucks (SBUX - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Starbucks is a member of our Retail-Wholesale group, which includes 225 different companies and currently sits at #8 in 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. SBUX is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for SBUX's full-year earnings has moved 2.15% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that SBUX has returned about 20.62% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 19.14%. This means that Starbucks is outperforming the sector as a whole this year.
Breaking things down more, SBUX is a member of the Retail - Restaurants industry, which includes 48 individual companies and currently sits at #180 in the Zacks Industry Rank. Stocks in this group have gained about 17.62% so far this year, so SBUX is performing better this group in terms of year-to-date returns.
SBUX will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Starbucks (SBUX) Outpaced Other Retail-Wholesale Stocks This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Starbucks (SBUX - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Starbucks is a member of our Retail-Wholesale group, which includes 225 different companies and currently sits at #8 in 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. SBUX is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for SBUX's full-year earnings has moved 2.15% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that SBUX has returned about 20.62% since the start of the calendar year. At the same time, Retail-Wholesale stocks have gained an average of 19.14%. This means that Starbucks is outperforming the sector as a whole this year.
Breaking things down more, SBUX is a member of the Retail - Restaurants industry, which includes 48 individual companies and currently sits at #180 in the Zacks Industry Rank. Stocks in this group have gained about 17.62% so far this year, so SBUX is performing better this group in terms of year-to-date returns.
SBUX will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.