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Is Groupon (GRPN) Outperforming Other Retail-Wholesale Stocks This Year?

Zacks Equity Research
Updated
Steel Dynamics (STLD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Investors focused on the Retail-Wholesale space have likely heard of Groupon (GRPN), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.

Groupon is one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #1 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. GRPN is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for GRPN's full-year earnings has moved 291.84% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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According to our latest data, GRPN has moved about 3.33% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 15.85%. As we can see, Groupon is performing better than its sector in the calendar year.

Breaking things down more, GRPN is a member of the Internet - Commerce industry, which includes 25 individual companies and currently sits at #186 in the Zacks Industry Rank. On average, stocks in this group have gained 36.24% this year, meaning that GRPN is slightly underperforming its industry in terms of year-to-date returns.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to GRPN as it looks to continue its solid performance.


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