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Is First Community (FCCO) Stock Outpacing Its Finance Peers This Year?

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Investors focused on the Finance space have likely heard of First Community (FCCO - Free Report) , 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 FCCO and the rest of the Finance group's stocks.

First Community is one of 826 companies in the Finance group. The Finance group currently sits at #10 within 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. FCCO is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for FCCO's full-year earnings has moved 3.05% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, FCCO has gained about 12.61% so far this year. Meanwhile, stocks in the Finance group have lost about 1.75% on average. This shows that First Community is outperforming its peers so far this year.

To break things down more, FCCO belongs to the Banks - Southeast industry, a group that includes 64 individual companies and currently sits at #74 in the Zacks Industry Rank. This group has gained an average of 6.18% so far this year, so FCCO is performing better in this area.

FCCO will likely be looking to continue its solid performance, so investors interested Finance stocks should continue to pay close attention to the company.


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