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 The PNC Financial Services Group (PNC) Outperforming Other Finance Stocks 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 The PNC Financial Services Group, Inc (PNC - 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.
The PNC Financial Services Group, Inc is one of 850 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. 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. The PNC Financial Services Group, Inc is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for PNC's full-year earnings has moved 3.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, PNC has moved about 6.8% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of 1.4% on a year-to-date basis. This means that The PNC Financial Services Group, Inc is performing better than its sector in terms of year-to-date returns.
One other Finance stock that has outperformed the sector so far this year is Apple Hospitality REIT (APLE - Free Report) . The stock is up 6.1% year-to-date.
For Apple Hospitality REIT, the consensus EPS estimate for the current year has increased 0.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, The PNC Financial Services Group, Inc belongs to the Financial - Investment Bank industry, a group that includes 21 individual companies and currently sits at #32 in the Zacks Industry Rank. On average, stocks in this group have lost 2.8% this year, meaning that PNC is performing better in terms of year-to-date returns.
On the other hand, Apple Hospitality REIT belongs to the REIT and Equity Trust - Other industry. This 92-stock industry is currently ranked #151. The industry has moved +9.5% year to date.
Investors interested in the Finance sector may want to keep a close eye on The PNC Financial Services Group, Inc and Apple Hospitality REIT as they attempt 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 The PNC Financial Services Group (PNC) Outperforming Other Finance Stocks This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has The PNC Financial Services Group, Inc (PNC - 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.
The PNC Financial Services Group, Inc is one of 850 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. 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. The PNC Financial Services Group, Inc is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for PNC's full-year earnings has moved 3.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, PNC has moved about 6.8% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of 1.4% on a year-to-date basis. This means that The PNC Financial Services Group, Inc is performing better than its sector in terms of year-to-date returns.
One other Finance stock that has outperformed the sector so far this year is Apple Hospitality REIT (APLE - Free Report) . The stock is up 6.1% year-to-date.
For Apple Hospitality REIT, the consensus EPS estimate for the current year has increased 0.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, The PNC Financial Services Group, Inc belongs to the Financial - Investment Bank industry, a group that includes 21 individual companies and currently sits at #32 in the Zacks Industry Rank. On average, stocks in this group have lost 2.8% this year, meaning that PNC is performing better in terms of year-to-date returns.
On the other hand, Apple Hospitality REIT belongs to the REIT and Equity Trust - Other industry. This 92-stock industry is currently ranked #151. The industry has moved +9.5% year to date.
Investors interested in the Finance sector may want to keep a close eye on The PNC Financial Services Group, Inc and Apple Hospitality REIT as they attempt to continue their solid performance.