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.
Is Banco Santander (SAN) Outperforming Other Finance Stocks This Year?
Read MoreHide Full Article
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Banco Santander (SAN - 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 Santander is a member of the Finance sector. This group includes 870 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. Banco Santander is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for SAN's full-year earnings has moved 7.8% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, SAN has gained about 18% so far this year. In comparison, Finance companies have returned an average of 3.4%. This means that Banco Santander is outperforming the sector as a whole this year.
One other Finance stock that has outperformed the sector so far this year is Credicorp (BAP - Free Report) . The stock is up 9.3% year-to-date.
The consensus estimate for Credicorp's current year EPS has increased 3.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Banco Santander belongs to the Banks - Foreign industry, a group that includes 67 individual companies and currently sits at #108 in the Zacks Industry Rank. On average, this group has gained an average of 9.2% so far this year, meaning that SAN is performing better in terms of year-to-date returns. Credicorp is also part of the same industry.
Banco Santander and Credicorp could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Banco Santander (SAN) Outperforming Other Finance Stocks This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Banco Santander (SAN - 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 Santander is a member of the Finance sector. This group includes 870 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. Banco Santander is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for SAN's full-year earnings has moved 7.8% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, SAN has gained about 18% so far this year. In comparison, Finance companies have returned an average of 3.4%. This means that Banco Santander is outperforming the sector as a whole this year.
One other Finance stock that has outperformed the sector so far this year is Credicorp (BAP - Free Report) . The stock is up 9.3% year-to-date.
The consensus estimate for Credicorp's current year EPS has increased 3.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Banco Santander belongs to the Banks - Foreign industry, a group that includes 67 individual companies and currently sits at #108 in the Zacks Industry Rank. On average, this group has gained an average of 9.2% so far this year, meaning that SAN is performing better in terms of year-to-date returns. Credicorp is also part of the same industry.
Banco Santander and Credicorp could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.