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Is TD Ameritrade Holding (AMTD) Outperforming Other Finance Stocks This Year?
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Investors focused on the Finance space have likely heard of TD Ameritrade Holding (AMTD - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
TD Ameritrade Holding is a member of the Finance sector. This group includes 867 individual stocks and currently holds a Zacks Sector Rank of #7. 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. AMTD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AMTD's full-year earnings has moved 3.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that AMTD has returned about 2.89% since the start of the calendar year. In comparison, Finance companies have returned an average of -5.12%. As we can see, TD Ameritrade Holding is performing better than its sector in the calendar year.
Looking more specifically, AMTD belongs to the Financial - Investment Bank industry, which includes 23 individual stocks and currently sits at #71 in the Zacks Industry Rank. Stocks in this group have lost about 12.40% so far this year, so AMTD is performing better this group in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on AMTD as it attempts to continue its solid performance.
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Is TD Ameritrade Holding (AMTD) Outperforming Other Finance Stocks This Year?
Investors focused on the Finance space have likely heard of TD Ameritrade Holding (AMTD - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
TD Ameritrade Holding is a member of the Finance sector. This group includes 867 individual stocks and currently holds a Zacks Sector Rank of #7. 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. AMTD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AMTD's full-year earnings has moved 3.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that AMTD has returned about 2.89% since the start of the calendar year. In comparison, Finance companies have returned an average of -5.12%. As we can see, TD Ameritrade Holding is performing better than its sector in the calendar year.
Looking more specifically, AMTD belongs to the Financial - Investment Bank industry, which includes 23 individual stocks and currently sits at #71 in the Zacks Industry Rank. Stocks in this group have lost about 12.40% so far this year, so AMTD is performing better this group in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on AMTD as it attempts to continue its solid performance.