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Is Chipotle Mexican Grill (CMG) Outperforming Other Retail-Wholesale Stocks This Year?
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Investors focused on the Retail-Wholesale space have likely heard of Chipotle Mexican Grill (CMG - 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 CMG and the rest of the Retail-Wholesale group's stocks.
Chipotle Mexican Grill 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 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CMG is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CMG's full-year earnings has moved 7.97% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that CMG has returned about 63.94% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 18.58% on a year-to-date basis. This means that Chipotle Mexican Grill is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CMG belongs to the Retail - Restaurants industry, a group that includes 48 individual stocks and currently sits at #184 in the Zacks Industry Rank. On average, stocks in this group have gained 16.87% this year, meaning that CMG is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on CMG as it attempts to continue its solid performance.
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Is Chipotle Mexican Grill (CMG) Outperforming Other Retail-Wholesale Stocks This Year?
Investors focused on the Retail-Wholesale space have likely heard of Chipotle Mexican Grill (CMG - 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 CMG and the rest of the Retail-Wholesale group's stocks.
Chipotle Mexican Grill 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 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CMG is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CMG's full-year earnings has moved 7.97% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that CMG has returned about 63.94% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 18.58% on a year-to-date basis. This means that Chipotle Mexican Grill is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CMG belongs to the Retail - Restaurants industry, a group that includes 48 individual stocks and currently sits at #184 in the Zacks Industry Rank. On average, stocks in this group have gained 16.87% this year, meaning that CMG is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on CMG as it attempts to continue its solid performance.