Back to top

Image: Bigstock

Has The Bank of Princeton (BPRN) Outpaced Other Finance Stocks This Year?

Read MoreHide Full Article

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. The Bank of Princeton (BPRN - 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 BPRN and the rest of the Finance group's stocks.

The Bank of Princeton is a member of our Finance group, which includes 824 different companies and currently sits at #10 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 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. BPRN is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BPRN's full-year earnings has moved 2.68% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, BPRN has moved about 1.83% on a year-to-date basis. At the same time, Finance stocks have lost an average of 0.63%. This shows that The Bank of Princeton is outperforming its peers so far this year.

Looking more specifically, BPRN belongs to the Banks - Northeast industry, a group that includes 54 individual stocks and currently sits at #86 in the Zacks Industry Rank. This group has gained an average of 6.33% so far this year, so BPRN is slightly underperforming its industry in this area.

BPRN will likely be looking to continue its solid performance, so investors interested Finance stocks should continue to pay close attention to the company.


See More Zacks Research for These Tickers


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


Princeton Bancorp, Inc. (BPRN) - free report >>