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Are Finance Stocks Lagging Acadian Asset Management Inc. (AAMI) 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. 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? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Acadian Asset Management is a member of the Finance sector. This group includes 890 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. 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 7.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, AAMI has returned 93.8% so far this year. Meanwhile, the Finance sector has returned an average of 2.4% on a year-to-date basis. 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 Grupo Aval Acciones y Valores S.A. (AVAL - Free Report) . The stock has returned 21% year-to-date.
In Grupo Aval Acciones y Valores S.A.'s case, the consensus EPS estimate for the current year increased 7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Acadian Asset Management belongs to the Financial - Miscellaneous Services industry, which includes 113 individual stocks and currently sits at #170 in the Zacks Industry Rank. On average, this group has lost an average of 16.7% so far this year, meaning that AAMI is performing better in terms of year-to-date returns.
On the other hand, Grupo Aval Acciones y Valores S.A. belongs to the Financial - Investment Management industry. This 36-stock industry is currently ranked #183. The industry has moved -15.6% year to date.
Going forward, investors interested in Finance stocks should continue to pay close attention to Acadian Asset Management and Grupo Aval Acciones y Valores S.A. as they could maintain their solid performance.
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Are Finance Stocks Lagging Acadian Asset Management Inc. (AAMI) 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? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Acadian Asset Management is a member of the Finance sector. This group includes 890 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. 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 7.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, AAMI has returned 93.8% so far this year. Meanwhile, the Finance sector has returned an average of 2.4% on a year-to-date basis. 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 Grupo Aval Acciones y Valores S.A. (AVAL - Free Report) . The stock has returned 21% year-to-date.
In Grupo Aval Acciones y Valores S.A.'s case, the consensus EPS estimate for the current year increased 7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Acadian Asset Management belongs to the Financial - Miscellaneous Services industry, which includes 113 individual stocks and currently sits at #170 in the Zacks Industry Rank. On average, this group has lost an average of 16.7% so far this year, meaning that AAMI is performing better in terms of year-to-date returns.
On the other hand, Grupo Aval Acciones y Valores S.A. belongs to the Financial - Investment Management industry. This 36-stock industry is currently ranked #183. The industry has moved -15.6% year to date.
Going forward, investors interested in Finance stocks should continue to pay close attention to Acadian Asset Management and Grupo Aval Acciones y Valores S.A. as they could maintain their solid performance.