For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Athene Holding been one of those stocks this year? 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.
Athene Holding is a member of our Finance group, which includes 854 different companies and currently sits at #12 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 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. ATH is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ATH's full-year earnings has moved 6.37% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ATH has returned about 7.81% since the start of the calendar year. Meanwhile, stocks in the Finance group have gained about 7.68% on average. This means that Athene Holding is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ATH belongs to the Insurance - Life Insurance industry, which includes 16 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, this group has gained an average of 13.69% so far this year, meaning that ATH is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on ATH as it attempts to continue its solid performance.
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Has Athene Holding (ATH) Outpaced Other Finance Stocks This Year?
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Athene Holding been one of those stocks this year? 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.
Athene Holding is a member of our Finance group, which includes 854 different companies and currently sits at #12 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 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. ATH is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ATH's full-year earnings has moved 6.37% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that ATH has returned about 7.81% since the start of the calendar year. Meanwhile, stocks in the Finance group have gained about 7.68% on average. This means that Athene Holding is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ATH belongs to the Insurance - Life Insurance industry, which includes 16 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, this group has gained an average of 13.69% so far this year, meaning that ATH is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on ATH as it attempts to continue its solid performance.