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Is Ageas SA (AGESY) Outperforming Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of Ageas SA (AGESY - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Ageas SA is a member of the Finance sector. This group includes 826 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. AGESY is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for AGESY's full-year earnings has moved 8.46% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, AGESY has moved about 3.06% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 2.27% on average. This means that Ageas SA is performing better than its sector in terms of year-to-date returns.

Looking more specifically, AGESY belongs to the Insurance - Multi line industry, a group that includes 25 individual stocks and currently sits at #92 in the Zacks Industry Rank. On average, this group has lost an average of 7.80% so far this year, meaning that AGESY is performing better in terms of year-to-date returns.

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


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