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Is Berkshire Hathaway (BRK.B) Stock Outpacing Its Finance Peers This Year?

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Investors focused on the Finance space have likely heard of Berkshire Hathaway (BRK.B - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Berkshire Hathaway is a member of our Finance group, which includes 850 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. BRK.B is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for BRK.B's full-year earnings has moved 11.25% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, BRK.B has moved about 3.56% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of -6.71% on a year-to-date basis. This means that Berkshire Hathaway is outperforming the sector as a whole this year.

Looking more specifically, BRK.B belongs to the Insurance - Property and Casualty industry, which includes 47 individual stocks and currently sits at #152 in the Zacks Industry Rank. On average, stocks in this group have gained 2.04% this year, meaning that BRK.B is performing better in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track BRK.B. The stock will be looking to continue its solid performance.


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