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Has Barclays (BCS) Outpaced Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of Barclays (BCS - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.

Barclays is a member of the Finance sector. This group includes 854 individual stocks and currently holds a Zacks Sector Rank of #10. 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. BCS is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for BCS's full-year earnings has moved 0.67% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, BCS has returned 6.23% so far this year. In comparison, Finance companies have returned an average of 2.67%. This means that Barclays is outperforming the sector as a whole this year.

Breaking things down more, BCS is a member of the Banks - Foreign industry, which includes 62 individual companies and currently sits at #185 in the Zacks Industry Rank. This group has gained an average of 4.94% so far this year, so BCS is performing better in this area.

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


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