Back to top

Image: Bigstock

Has Ageas SA (AGESY) Outpaced Other Finance Stocks This Year?

Read MoreHide Full Article

Investors focused on the Finance space have likely heard of Ageas SA (AGESY - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.

Ageas SA is one of 829 individual stocks in the Finance sector. Collectively, these companies sit at #11 in 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 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. AGESY is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for AGESY's full-year earnings has moved 8.46% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, AGESY has returned 3.85% so far this year. In comparison, Finance companies have returned an average of -2.47%. This means that Ageas SA is performing better than its sector in terms of year-to-date returns.

To break things down more, AGESY belongs to the Insurance - Multi line industry, a group that includes 25 individual companies and currently sits at #158 in the Zacks Industry Rank. Stocks in this group have lost about 7.46% so far this year, so AGESY is performing better this group in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track AGESY. The stock will be looking to continue its solid performance.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Ageas SA (AGESY) - free report >>