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Is Interactive Brokers Group (IBKR) Outperforming Other Finance Stocks This Year?

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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Interactive Brokers Group (IBKR - 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 IBKR and the rest of the Finance group's stocks.

Interactive Brokers Group is a member of our Finance group, which includes 826 different companies and currently sits at #10 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 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. IBKR is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for IBKR's full-year earnings has moved 7.99% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, IBKR has moved about 4.19% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 3.11% on average. This shows that Interactive Brokers Group is outperforming its peers so far this year.

Looking more specifically, IBKR belongs to the Financial - Investment Bank industry, which includes 22 individual stocks and currently sits at #67 in the Zacks Industry Rank. On average, this group has lost an average of 4.12% so far this year, meaning that IBKR is performing better in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on IBKR as it attempts to continue its solid performance.


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