Investors focused on the Finance space have likely heard of FCB Financial Holdings , 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 FCB and the rest of the Finance group's stocks.
FCB Financial Holdings is a member of the Finance sector. This group includes 829 individual stocks and currently holds a Zacks Sector Rank of #10. 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. FCB is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for FCB's full-year earnings has moved 2.51% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FCB has returned about 19.09% since the start of the calendar year. Meanwhile, the Finance sector has returned an average of -2.39% on a year-to-date basis. As we can see, FCB Financial Holdings is performing better than its sector in the calendar year.
Looking more specifically, FCB belongs to the Banks - Southeast industry, a group that includes 64 individual stocks and currently sits at #47 in the Zacks Industry Rank. On average, this group has gained an average of 9.33% so far this year, meaning that FCB is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on FCB as it attempts to continue its solid performance.
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Is FCB Financial Holdings (FCB) Stock Outpacing Its Finance Peers This Year?
Investors focused on the Finance space have likely heard of FCB Financial Holdings , 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 FCB and the rest of the Finance group's stocks.
FCB Financial Holdings is a member of the Finance sector. This group includes 829 individual stocks and currently holds a Zacks Sector Rank of #10. 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. FCB is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for FCB's full-year earnings has moved 2.51% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FCB has returned about 19.09% since the start of the calendar year. Meanwhile, the Finance sector has returned an average of -2.39% on a year-to-date basis. As we can see, FCB Financial Holdings is performing better than its sector in the calendar year.
Looking more specifically, FCB belongs to the Banks - Southeast industry, a group that includes 64 individual stocks and currently sits at #47 in the Zacks Industry Rank. On average, this group has gained an average of 9.33% so far this year, meaning that FCB is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on FCB as it attempts to continue its solid performance.