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Is Entera Bio (ENTX) Outperforming Other Medical Stocks This Year?

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For those looking to find strong Medical stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Entera Bio Ltd. (ENTX - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.

Entera Bio Ltd. is a member of the Medical sector. This group includes 1051 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. Entera Bio Ltd. is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for ENTX's full-year earnings has moved 66.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, ENTX has gained about 343.3% so far this year. Meanwhile, stocks in the Medical group have gained about 2.4% on average. This means that Entera Bio Ltd. is performing better than its sector in terms of year-to-date returns.

Another Medical stock, which has outperformed the sector so far this year, is FibroGen (FGEN - Free Report) . The stock has returned 53.5% year-to-date.

For FibroGen, the consensus EPS estimate for the current year has increased 14.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Entera Bio Ltd. belongs to the Medical - Biomedical and Genetics industry, which includes 506 individual stocks and currently sits at #83 in the Zacks Industry Rank. This group has lost an average of 4.2% so far this year, so ENTX is performing better in this area.

In contrast, FibroGen falls under the Medical - Drugs industry. Currently, this industry has 187 stocks and is ranked #154. Since the beginning of the year, the industry has moved -6.1%.

Entera Bio Ltd. and FibroGen could continue their solid performance, so investors interested in Medical stocks should continue to pay close attention to these stocks.


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