Is Blue Hills Bancorp (BHBK) Stock Outpacing Its Finance Peers This Year?

Investors focused on the Finance space have likely heard of Blue Hills Bancorp , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

Blue Hills Bancorp is a member of the Finance sector. This group includes 824 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. BHBK is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for BHBK's full-year earnings has moved 20.48% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, BHBK has moved about 8.96% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 0.81% on average. This means that Blue Hills Bancorp is outperforming the sector as a whole this year.

Breaking things down more, BHBK is a member of the Banks - Northeast industry, which includes 54 individual companies and currently sits at #112 in the Zacks Industry Rank. On average, this group has gained an average of 0.90% so far this year, meaning that BHBK is performing better in terms of year-to-date returns.

BHBK 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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