Investors focused on the Finance space have likely heard of Jones Lang LaSalle (JLL - 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.
Jones Lang LaSalle is one of 856 companies in the Finance group. The Finance group currently sits at #5 within 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 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. JLL is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for JLL's full-year earnings has moved 5.69% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that JLL has returned about 22.88% since the start of the calendar year. In comparison, Finance companies have returned an average of 10.84%. This means that Jones Lang LaSalle is outperforming the sector as a whole this year.
Breaking things down more, JLL is a member of the Real Estate - Operations industry, which includes 30 individual companies and currently sits at #36 in the Zacks Industry Rank. On average, stocks in this group have gained 22.53% this year, meaning that JLL is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on JLL as it attempts to continue its solid performance.