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Are Finance Stocks Lagging HCI Group (HCI) This Year?
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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is HCI Group (HCI - 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.
HCI Group is a member of the Finance sector. This group includes 866 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. HCI Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for HCI's full-year earnings has moved 10.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, HCI has returned 75.1% so far this year. Meanwhile, the Finance sector has returned an average of 12.9% on a year-to-date basis. This shows that HCI Group is outperforming its peers so far this year.
Banco Bradesco (BBD - 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 77%.
The consensus estimate for Banco Bradesco's current year EPS has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, HCI Group is a member of the Insurance - Property and Casualty industry, which includes 41 individual companies and currently sits at #48 in the Zacks Industry Rank. This group has gained an average of 3.8% so far this year, so HCI is performing better in this area.
On the other hand, Banco Bradesco belongs to the Banks - Foreign industry. This 67-stock industry is currently ranked #66. The industry has moved +40.5% year to date.
Going forward, investors interested in Finance stocks should continue to pay close attention to HCI Group and Banco Bradesco as they could maintain their solid performance.
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Are Finance Stocks Lagging HCI Group (HCI) This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is HCI Group (HCI - 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.
HCI Group is a member of the Finance sector. This group includes 866 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. HCI Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for HCI's full-year earnings has moved 10.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, HCI has returned 75.1% so far this year. Meanwhile, the Finance sector has returned an average of 12.9% on a year-to-date basis. This shows that HCI Group is outperforming its peers so far this year.
Banco Bradesco (BBD - 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 77%.
The consensus estimate for Banco Bradesco's current year EPS has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, HCI Group is a member of the Insurance - Property and Casualty industry, which includes 41 individual companies and currently sits at #48 in the Zacks Industry Rank. This group has gained an average of 3.8% so far this year, so HCI is performing better in this area.
On the other hand, Banco Bradesco belongs to the Banks - Foreign industry. This 67-stock industry is currently ranked #66. The industry has moved +40.5% year to date.
Going forward, investors interested in Finance stocks should continue to pay close attention to HCI Group and Banco Bradesco as they could maintain their solid performance.