Is Athene Holding (ATH) Outperforming Other Finance Stocks This Year?

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Athene Holding been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Athene Holding is one of 859 individual stocks in the Finance sector. Collectively, these companies sit at #9 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 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. 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.

Based on the latest available data, ATH has gained about 1.18% so far this year. Meanwhile, stocks in the Finance group have lost about 1.09% on average. As we can see, Athene Holding is performing better than its sector in the calendar year.

To break things down more, ATH belongs to the Insurance - Life Insurance industry, a group that includes 16 individual companies and currently sits at #17 in the Zacks Industry Rank. On average, this group has lost an average of 1.45% so far this year, meaning that ATH is performing better 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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