We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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 BancFirst (BANF) Stock Outpacing Its Finance Peers This Year?
Read MoreHide Full Article
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. BancFirst (BANF - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
BancFirst is a member of the Finance sector. This group includes 869 individual stocks and currently holds a Zacks Sector Rank of #2. 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 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. BancFirst is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BANF's full-year earnings has moved 8.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that BANF has returned about 15.5% since the start of the calendar year. At the same time, Finance stocks have gained an average of 9.2%. This means that BancFirst is outperforming the sector as a whole this year.
BTCS Inc. (BTCS - Free Report) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 166%.
In BTCS Inc.'s case, the consensus EPS estimate for the current year increased 337.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, BancFirst belongs to the Banks - Southwest industry, a group that includes 19 individual stocks and currently sits at #46 in the Zacks Industry Rank. On average, this group has gained an average of 7.1% so far this year, meaning that BANF is performing better in terms of year-to-date returns.
In contrast, BTCS Inc. falls under the Financial - Miscellaneous Services industry. Currently, this industry has 93 stocks and is ranked #91. Since the beginning of the year, the industry has moved +8.1%.
Going forward, investors interested in Finance stocks should continue to pay close attention to BancFirst and BTCS Inc. as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is BancFirst (BANF) Stock Outpacing Its Finance Peers This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. BancFirst (BANF - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.
BancFirst is a member of the Finance sector. This group includes 869 individual stocks and currently holds a Zacks Sector Rank of #2. 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 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. BancFirst is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BANF's full-year earnings has moved 8.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that BANF has returned about 15.5% since the start of the calendar year. At the same time, Finance stocks have gained an average of 9.2%. This means that BancFirst is outperforming the sector as a whole this year.
BTCS Inc. (BTCS - Free Report) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 166%.
In BTCS Inc.'s case, the consensus EPS estimate for the current year increased 337.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, BancFirst belongs to the Banks - Southwest industry, a group that includes 19 individual stocks and currently sits at #46 in the Zacks Industry Rank. On average, this group has gained an average of 7.1% so far this year, meaning that BANF is performing better in terms of year-to-date returns.
In contrast, BTCS Inc. falls under the Financial - Miscellaneous Services industry. Currently, this industry has 93 stocks and is ranked #91. Since the beginning of the year, the industry has moved +8.1%.
Going forward, investors interested in Finance stocks should continue to pay close attention to BancFirst and BTCS Inc. as they could maintain their solid performance.