Has Ashford Hospitality Trust (AHT) Outpaced Other Finance Stocks This Year?

AHT

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ashford Hospitality Trust (AHT - Free Report) one of those stocks right now? 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.

Ashford Hospitality Trust is a member of the Finance sector. This group includes 856 individual stocks and currently holds a Zacks Sector Rank of #11. 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. AHT is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for AHT's full-year earnings has moved 12.21% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, AHT has moved about 27.25% on a year-to-date basis. At the same time, Finance stocks have gained an average of 12.72%. As we can see, Ashford Hospitality Trust is performing better than its sector in the calendar year.

Breaking things down more, AHT is a member of the REIT and Equity Trust - Other industry, which includes 120 individual companies and currently sits at #176 in the Zacks Industry Rank. On average, this group has gained an average of 14.34% so far this year, meaning that AHT is performing better in terms of year-to-date returns.

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

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