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 Credicorp (BAP) 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. Has Credicorp (BAP - 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 Finance sector should help us answer this question.
Credicorp is a member of the Finance sector. This group includes 858 individual stocks and currently holds a Zacks Sector Rank of #5. 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. Credicorp is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BAP's full-year earnings has moved 9.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, BAP has moved about 20% on a year-to-date basis. At the same time, Finance stocks have gained an average of 17.1%. This means that Credicorp is outperforming the sector as a whole this year.
Pathward Financial (CASH - 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 20.7%.
For Pathward Financial, the consensus EPS estimate for the current year has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Credicorp is a member of the Banks - Foreign industry, which includes 66 individual companies and currently sits at #50 in the Zacks Industry Rank. On average, this group has gained an average of 61.7% so far this year, meaning that BAP is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Pathward Financial belongs to the Banks - Northeast industry. This 74-stock industry is currently ranked #64. The industry has moved +11% year to date.
Investors with an interest in Finance stocks should continue to track Credicorp and Pathward Financial. These stocks will be looking to continue their solid performance.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Is Credicorp (BAP) 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. Has Credicorp (BAP - 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 Finance sector should help us answer this question.
Credicorp is a member of the Finance sector. This group includes 858 individual stocks and currently holds a Zacks Sector Rank of #5. 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. Credicorp is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BAP's full-year earnings has moved 9.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, BAP has moved about 20% on a year-to-date basis. At the same time, Finance stocks have gained an average of 17.1%. This means that Credicorp is outperforming the sector as a whole this year.
Pathward Financial (CASH - 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 20.7%.
For Pathward Financial, the consensus EPS estimate for the current year has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Credicorp is a member of the Banks - Foreign industry, which includes 66 individual companies and currently sits at #50 in the Zacks Industry Rank. On average, this group has gained an average of 61.7% so far this year, meaning that BAP is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Pathward Financial belongs to the Banks - Northeast industry. This 74-stock industry is currently ranked #64. The industry has moved +11% year to date.
Investors with an interest in Finance stocks should continue to track Credicorp and Pathward Financial. These stocks will be looking to continue their solid performance.