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 Ames National (ATLO) Stock Outpacing Its Finance Peers 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. Has Ames National (ATLO - Free Report) been one of those stocks this year? 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.
Ames National is one of 890 companies in the Finance group. The Finance group currently sits at #5 within the Zacks Sector Rank. 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 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. Ames National is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ATLO's full-year earnings has moved 4.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ATLO has returned about 42.3% since the start of the calendar year. At the same time, Finance stocks have gained an average of 4.2%. This means that Ames National is outperforming the sector as a whole this year.
Another stock in the Finance sector, Northern Trust Corporation (NTRS - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 22.2%.
For Northern Trust Corporation, the consensus EPS estimate for the current year has increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Ames National belongs to the Banks - Midwest industry, a group that includes 26 individual companies and currently sits at #56 in the Zacks Industry Rank. Stocks in this group have lost about 0.6% so far this year, so ATLO is performing better this group in terms of year-to-date returns.
On the other hand, Northern Trust Corporation belongs to the Banks - Major Regional industry. This 9-stock industry is currently ranked #105. The industry has moved +12.2% year to date.
Investors interested in the Finance sector may want to keep a close eye on Ames National and Northern Trust Corporation as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Ames National (ATLO) Stock Outpacing Its Finance Peers This Year?
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Ames National (ATLO - Free Report) been one of those stocks this year? 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.
Ames National is one of 890 companies in the Finance group. The Finance group currently sits at #5 within the Zacks Sector Rank. 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 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. Ames National is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ATLO's full-year earnings has moved 4.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ATLO has returned about 42.3% since the start of the calendar year. At the same time, Finance stocks have gained an average of 4.2%. This means that Ames National is outperforming the sector as a whole this year.
Another stock in the Finance sector, Northern Trust Corporation (NTRS - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 22.2%.
For Northern Trust Corporation, the consensus EPS estimate for the current year has increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Ames National belongs to the Banks - Midwest industry, a group that includes 26 individual companies and currently sits at #56 in the Zacks Industry Rank. Stocks in this group have lost about 0.6% so far this year, so ATLO is performing better this group in terms of year-to-date returns.
On the other hand, Northern Trust Corporation belongs to the Banks - Major Regional industry. This 9-stock industry is currently ranked #105. The industry has moved +12.2% year to date.
Investors interested in the Finance sector may want to keep a close eye on Ames National and Northern Trust Corporation as they attempt to continue their solid performance.