The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has UnitedHealth Group (UNH - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.
UnitedHealth Group is a member of the Medical sector. This group includes 756 individual stocks and currently holds a Zacks Sector Rank of #7. 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. UNH is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for UNH's full-year earnings has moved 0.84% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that UNH has returned about 21.27% since the start of the calendar year. Meanwhile, stocks in the Medical group have gained about 10.94% on average. This means that UnitedHealth Group is performing better than its sector in terms of year-to-date returns.
Looking more specifically, UNH belongs to the Medical - HMOs industry, a group that includes 13 individual stocks and currently sits at #43 in the Zacks Industry Rank. Stocks in this group have gained about 23.36% so far this year, so UNH is slightly underperforming its industry this group in terms of year-to-date returns.
Investors in the Medical sector will want to keep a close eye on UNH as it attempts to continue its solid performance.