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Is Brookdale Senior Living (BKD) Outperforming Other Medical Stocks This Year?
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For those looking to find strong Medical stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Brookdale Senior Living (BKD - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Brookdale Senior Living is a member of our Medical group, which includes 916 different companies and currently sits at #9 in the Zacks Sector Rank. 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Brookdale Senior Living is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BKD's full-year earnings has moved 160% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, BKD has gained about 8.2% so far this year. Meanwhile, the Medical sector has returned an average of 1.6% on a year-to-date basis. As we can see, Brookdale Senior Living is performing better than its sector in the calendar year.
Another stock in the Medical sector, Illumina (ILMN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 74.5%.
In Illumina's case, the consensus EPS estimate for the current year increased 2.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Brookdale Senior Living belongs to the Medical - Nursing Homes industry, a group that includes 2 individual stocks and currently sits at #11 in the Zacks Industry Rank. Stocks in this group have gained about 3.4% so far this year, so BKD is performing better this group in terms of year-to-date returns.
In contrast, Illumina falls under the Medical - Biomedical and Genetics industry. Currently, this industry has 437 stocks and is ranked #165. Since the beginning of the year, the industry has moved +5.8%.
Investors with an interest in Medical stocks should continue to track Brookdale Senior Living and Illumina. These stocks will be looking to continue their solid performance.
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Is Brookdale Senior Living (BKD) Outperforming Other Medical Stocks This Year?
For those looking to find strong Medical stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Brookdale Senior Living (BKD - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Brookdale Senior Living is a member of our Medical group, which includes 916 different companies and currently sits at #9 in the Zacks Sector Rank. 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Brookdale Senior Living is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BKD's full-year earnings has moved 160% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, BKD has gained about 8.2% so far this year. Meanwhile, the Medical sector has returned an average of 1.6% on a year-to-date basis. As we can see, Brookdale Senior Living is performing better than its sector in the calendar year.
Another stock in the Medical sector, Illumina (ILMN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 74.5%.
In Illumina's case, the consensus EPS estimate for the current year increased 2.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Brookdale Senior Living belongs to the Medical - Nursing Homes industry, a group that includes 2 individual stocks and currently sits at #11 in the Zacks Industry Rank. Stocks in this group have gained about 3.4% so far this year, so BKD is performing better this group in terms of year-to-date returns.
In contrast, Illumina falls under the Medical - Biomedical and Genetics industry. Currently, this industry has 437 stocks and is ranked #165. Since the beginning of the year, the industry has moved +5.8%.
Investors with an interest in Medical stocks should continue to track Brookdale Senior Living and Illumina. These stocks will be looking to continue their solid performance.