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Has Morgan Stanley (MS) Outpaced Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of Morgan Stanley (MS - Free Report) , 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 Finance peers, we might be able to answer that question.

Morgan Stanley is one of 830 individual stocks in the Finance sector. Collectively, these companies sit at #9 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 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. MS is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for MS's full-year earnings has moved 4.69% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, MS has moved about 1.03% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of -1.64% on a year-to-date basis. This means that Morgan Stanley is outperforming the sector as a whole this year.

Looking more specifically, MS belongs to the Financial - Investment Bank industry, which includes 22 individual stocks and currently sits at #44 in the Zacks Industry Rank. On average, this group has gained an average of 5.35% so far this year, meaning that MS is slightly underperforming its industry in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track MS. The stock will be looking to continue its solid performance.


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