For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Urstadt Biddle Properties (UBA - 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? One simple way to answer this question is to take a look at the year-to-date performance of UBA and the rest of the Finance group's stocks.
Urstadt Biddle Properties is one of 826 companies in the Finance group. The Finance group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. UBA is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for UBA's full-year earnings has moved 5.19% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that UBA has returned about 3.40% since the start of the calendar year. Meanwhile, the Finance sector has returned an average of -3.11% on a year-to-date basis. This means that Urstadt Biddle Properties is performing better than its sector in terms of year-to-date returns.
Breaking things down more, UBA is a member of the REIT and Equity Trust - Retail industry, which includes 31 individual companies and currently sits at #195 in the Zacks Industry Rank. This group has lost an average of 1.99% so far this year, so UBA is performing better in this area.
UBA will likely be looking to continue its solid performance, so investors interested Finance stocks should continue to pay close attention to the company.