Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Barclays PLC (BCS) - free report >>
Banco Bilbao Viscaya Argentaria S.A. (BBVA) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Barclays PLC (BCS) - free report >>
Banco Bilbao Viscaya Argentaria S.A. (BBVA) - free report >>
Image: Bigstock
Is Banco Bilbao Viscaya Argentaria (BBVA) Stock Outpacing Its Finance Peers This Year?
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Bilbao (BBVA - Free Report) one of those stocks right now? 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.
Banco Bilbao is one of 870 individual stocks in the Finance sector. Collectively, these companies sit at #13 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Banco Bilbao is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for BBVA's full-year earnings has moved 7.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, BBVA has gained about 19.8% so far this year. At the same time, Finance stocks have gained an average of 7.4%. As we can see, Banco Bilbao is performing better than its sector in the calendar year.
One other Finance stock that has outperformed the sector so far this year is Barclays (BCS - Free Report) . The stock is up 16% year-to-date.
The consensus estimate for Barclays' current year EPS has increased 10.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Banco Bilbao belongs to the Banks - Foreign industry, which includes 67 individual stocks and currently sits at #9 in the Zacks Industry Rank. Stocks in this group have gained about 9.9% so far this year, so BBVA is performing better this group in terms of year-to-date returns. Barclays is also part of the same industry.
Going forward, investors interested in Finance stocks should continue to pay close attention to Banco Bilbao and Barclays as they could maintain their solid performance.