Investors focused on the Finance space have likely heard of Capital Southwest (CSWC - 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.
Capital Southwest is one of 865 individual stocks in the Finance sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CSWC is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for CSWC's full-year earnings has moved 12.50% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, CSWC has returned 22.17% so far this year. At the same time, Finance stocks have lost an average of 9.90%. This shows that Capital Southwest is outperforming its peers so far this year.
To break things down more, CSWC belongs to the Financial - Investment Management industry, a group that includes 52 individual companies and currently sits at #150 in the Zacks Industry Rank. This group has lost an average of 23.26% so far this year, so CSWC is performing better in this area.
CSWC will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.