For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has BB Seguridade Participacoes SA (BBSEY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. BB Seguridade Participacoes SA is one of 858 individual stocks in the Finance sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BB Seguridade Participacoes SA is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for BBSEY's full-year earnings has moved 8.5% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that BBSEY has returned about 15.7% since the start of the calendar year. At the same time, Finance stocks have gained an average of 4.9%. This means that BB Seguridade Participacoes SA is performing better than its sector in terms of year-to-date returns. Mr Cooper (COOP) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 34.1%. The consensus estimate for Mr Cooper's current year EPS has increased 1.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, BB Seguridade Participacoes SA is a member of the Financial - Miscellaneous Services industry, which includes 88 individual companies and currently sits at #95 in the Zacks Industry Rank. This group has lost an average of 2.6% so far this year, so BBSEY is performing better in this area. In contrast, Mr Cooper falls under the Financial - Consumer Loans industry. Currently, this industry has 16 stocks and is ranked #90. Since the beginning of the year, the industry has moved +11.2%. Investors interested in the Finance sector may want to keep a close eye on BB Seguridade Participacoes SA and Mr Cooper as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Story Continues BB Seguridade Participacoes SA (BBSEY):Free Stock Analysis Report MR. COOPER GROUP INC (COOP):Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments
Is BB Seguridade Participacoes (BBSEY) Stock Outpacing Its Finance Peers This Year?
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...