For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Aercap Holdings N.V. (AER - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Aercap Holdings N.V. is a member of our Finance group, which includes 822 different companies and currently sits at #13 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. AER is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for AER's full-year earnings has moved 3.11% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, AER has returned 10.07% so far this year. In comparison, Finance companies have returned an average of -0.06%. This shows that Aercap Holdings N.V. is outperforming its peers so far this year.
To break things down more, AER belongs to the Financial - Leasing Companies industry, a group that includes 3 individual companies and currently sits at #47 in the Zacks Industry Rank. This group has gained an average of 11.91% so far this year, so AER is slightly underperforming its industry in this area.
Investors with an interest in Finance stocks should continue to track AER. The stock will be looking to continue its solid performance.