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 Acadian Asset Management Inc. (AAMI) Outperforming Other Finance Stocks This Year?
Read MoreHide Full Article
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Acadian Asset Management (AAMI - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Acadian Asset Management is a member of the Finance sector. This group includes 830 individual stocks and currently holds a Zacks Sector Rank of #4. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Acadian Asset Management is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAMI's full-year earnings has moved 6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, AAMI has gained about 51.4% so far this year. Meanwhile, stocks in the Finance group have gained about 3.6% on average. This means that Acadian Asset Management is performing better than its sector in terms of year-to-date returns.
Another Finance stock, which has outperformed the sector so far this year, is Chubb (CB - Free Report) . The stock has returned 10% year-to-date.
Over the past three months, Chubb's consensus EPS estimate for the current year has increased 1.8%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Acadian Asset Management belongs to the Financial - Miscellaneous Services industry, a group that includes 107 individual stocks and currently sits at #101 in the Zacks Industry Rank. On average, this group has lost an average of 10.4% so far this year, meaning that AAMI is performing better in terms of year-to-date returns.
Chubb, however, belongs to the Insurance - Property and Casualty industry. Currently, this 39-stock industry is ranked #94. The industry has moved +0.4% so far this year.
Investors interested in the Finance sector may want to keep a close eye on Acadian Asset Management and Chubb as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Acadian Asset Management Inc. (AAMI) 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. Acadian Asset Management (AAMI - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Acadian Asset Management is a member of the Finance sector. This group includes 830 individual stocks and currently holds a Zacks Sector Rank of #4. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Acadian Asset Management is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAMI's full-year earnings has moved 6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, AAMI has gained about 51.4% so far this year. Meanwhile, stocks in the Finance group have gained about 3.6% on average. This means that Acadian Asset Management is performing better than its sector in terms of year-to-date returns.
Another Finance stock, which has outperformed the sector so far this year, is Chubb (CB - Free Report) . The stock has returned 10% year-to-date.
Over the past three months, Chubb's consensus EPS estimate for the current year has increased 1.8%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Acadian Asset Management belongs to the Financial - Miscellaneous Services industry, a group that includes 107 individual stocks and currently sits at #101 in the Zacks Industry Rank. On average, this group has lost an average of 10.4% so far this year, meaning that AAMI is performing better in terms of year-to-date returns.
Chubb, however, belongs to the Insurance - Property and Casualty industry. Currently, this 39-stock industry is ranked #94. The industry has moved +0.4% so far this year.
Investors interested in the Finance sector may want to keep a close eye on Acadian Asset Management and Chubb as they attempt to continue their solid performance.