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Is Credicorp (BAP) Outperforming Other Finance Stocks This Year?
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The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Credicorp (BAP - 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? 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.
Credicorp is a member of the Finance sector. This group includes 863 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Credicorp is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BAP's full-year earnings has moved 8.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, BAP has moved about 54.1% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of 16.7% on a year-to-date basis. This means that Credicorp is performing better than its sector in terms of year-to-date returns.
Another stock in the Finance sector, Apollo Commerical Finance (ARI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 16.9%.
The consensus estimate for Apollo Commerical Finance's current year EPS has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Credicorp belongs to the Banks - Foreign industry, a group that includes 67 individual companies and currently sits at #64 in the Zacks Industry Rank. Stocks in this group have gained about 51.3% so far this year, so BAP is performing better this group in terms of year-to-date returns.
In contrast, Apollo Commerical Finance falls under the REIT and Equity Trust industry. Currently, this industry has 30 stocks and is ranked #87. Since the beginning of the year, the industry has moved +4.6%.
Going forward, investors interested in Finance stocks should continue to pay close attention to Credicorp and Apollo Commerical Finance as they could maintain their solid performance.
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Is Credicorp (BAP) Outperforming Other Finance Stocks This Year?
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Credicorp (BAP - 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? 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.
Credicorp is a member of the Finance sector. This group includes 863 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Credicorp is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BAP's full-year earnings has moved 8.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, BAP has moved about 54.1% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of 16.7% on a year-to-date basis. This means that Credicorp is performing better than its sector in terms of year-to-date returns.
Another stock in the Finance sector, Apollo Commerical Finance (ARI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 16.9%.
The consensus estimate for Apollo Commerical Finance's current year EPS has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Credicorp belongs to the Banks - Foreign industry, a group that includes 67 individual companies and currently sits at #64 in the Zacks Industry Rank. Stocks in this group have gained about 51.3% so far this year, so BAP is performing better this group in terms of year-to-date returns.
In contrast, Apollo Commerical Finance falls under the REIT and Equity Trust industry. Currently, this industry has 30 stocks and is ranked #87. Since the beginning of the year, the industry has moved +4.6%.
Going forward, investors interested in Finance stocks should continue to pay close attention to Credicorp and Apollo Commerical Finance as they could maintain their solid performance.