The U.S. market suffered a painful week, the S&P 500 index accumulatively lost 2.66% this week as the gloomy U.S. economic data and the light of the Euro zone. Despite the recent poor performance, the S&P 500 index is still in the gaining territory, with an increase of 2.99% year to date. Among the component stocks of the index, there are some stocks have posted really amazing achievements, although some of which may incur losses in the future as the bleak financial guidance. We list the best performing stocks of the S&P 500 index this year to date as follows:
Best performing stock No.1: SHLD
The best stock of the S&P 500 index this year is Sears Holdings Corporation (SHLD), a specialty retailer in the United States and Canada, operates in three segments: Kmart, Sears Domestic and Sears Canada.
Sears stock price is up 64.35% year to date. Over the past 52 weeks, SHLD stock traded between $28.89 and $85.90, and now is 39.2% off the top. SHLD stock currently trades with no Price/Earnings ratio as the company posted a negative EPS of $3.61 last year. The company reported a profit of $189 million, or $1.78 per share for the three months ended April 28, benefiting from the gain in the same stores sale.
3 analysts averagely estimate the current quarter EPS of negative 1.03 on revenue of $9.70 billion.
The average estimated SHLD stock price target is $21.25, which represents a 59.3% downward potential from the last price of $52.23.
The current consensus rating on SHLD stock is “Underperform.”
Best performing stock No.2: TRIP
TripAdvisor Inc. (TRIP), an online travel company, operates its research platform aggregates review, advice and opinions of members about destinations, hotels, resorts, flights, vacation rentals, vacation packages and travel guides.
TripAdvisor has been on the Nasdaq Stock Exchange for only five months but has seen its stock price soaring 62.75% since the beginning of this year. The company was a spinoff from Expedia (EXPE) through a shareholder distribution and is in a strong upward channel for most of the time since its IPO. The company currently trades 30.69 times the earnings last year and 31.42 times the forward earnings.
14 analysts averagely estimate the current quarter EPS of $0.41 on revenue of $202.63 million.
The average estimated TRIP stock price target is $38.42, which represents a 5.5% downward potential from the last price of $40.66.
The current consensus rating on TRIP stock is “Hold.”
Best performing stock No.3: RF
Regions Financial Corporation (RF), the holding company for Regions Bank, engages in providing a range of commercial, retail, and mortgage banking services throughout the South, Midwest and Texas in the United States. Regions Financial has risen 43.95% since the beginning of this year. Despite of the impressive achievement Regions has made, market analysts believe the remainder of this year will be full of news about the banking regulations after JP Morgan’s $2 billion huge loss and the regional banks will be in face of liquidity issues, RF stock will not see a clear future until these issues are solved.
27 analysts averagely estimate the current quarter EPS of $0.14 on revenue of $1.36 billion.
The average estimated RF stock price target is $7.44, which represents a 21.4% upward potential from the last price of $6.13.
The current consensus rating on RF stock is “Buy.”
Best performing stock No.4: GPS
The Gap, Inc (GPS). is a global specialty apparel company which offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brand names.
GAP stock price is up 41.83% year to date. Over the past 52 weeks, GPS stock traded as high as $29.23, 13.7% higher than the current stock price. GAP stock currently trades with a multiple of 16.39 times earnings.
On Friday, the company posted first quarter net sales of $3.5 billion, 6% higher compared to $3.3 billion in the same period last year. Comparable store sales increased 4%.
26 analysts averagely estimate the current quarter EPS of $0.37 on revenue of $3.50 billion.
The average estimated RF stock price target is $29.25, which represents a 13.8% upward potential from the last price of $25.71.
The current consensus rating on GPS stock is “Buy.”
Best performing stock No.5: EXPE
Expedia, Inc (EXPE). an online travel company operates with subsidiaries, offers travel products and services to travelers in the United States and internationally. Expedia has gained 41.63% since the beginning of this year. Over the past 52 weeks, EXPE traded as high as $65.78 and the current stock price is 38.1% off the top. EXPE stock currently trades 16.90 times earnings.
21 analysts averagely estimate the current quarter EPS of $0.71 on revenue of $992.93 million
The average estimated EXPE stock price target is $39.25, which almost flat with the current stock price of $40.72.
The current consensus rating on EXPE stock is “Hold.”