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Has PLYMOUTH IND RE (PLYM) Outpaced Other Finance Stocks This Year?
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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. PLYMOUTH IND RE (PLYM - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of PLYM and the rest of the Finance group's stocks.
PLYMOUTH IND RE is a member of the Finance sector. This group includes 856 individual stocks and currently holds a Zacks Sector Rank of #10. 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 is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. PLYM is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for PLYM's full-year earnings has moved 59.57% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, PLYM has gained about 45.68% so far this year. Meanwhile, the Finance sector has returned an average of 14.65% on a year-to-date basis. As we can see, PLYMOUTH IND RE is performing better than its sector in the calendar year.
Looking more specifically, PLYM belongs to the REIT and Equity Trust - Other industry, which includes 120 individual stocks and currently sits at #160 in the Zacks Industry Rank. On average, this group has gained an average of 15.98% so far this year, meaning that PLYM is performing better in terms of year-to-date returns.
Going forward, investors interested in Finance stocks should continue to pay close attention to PLYM as it looks to continue its solid performance.
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Has PLYMOUTH IND RE (PLYM) Outpaced Other Finance Stocks This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. PLYMOUTH IND RE (PLYM - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of PLYM and the rest of the Finance group's stocks.
PLYMOUTH IND RE is a member of the Finance sector. This group includes 856 individual stocks and currently holds a Zacks Sector Rank of #10. 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 is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. PLYM is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for PLYM's full-year earnings has moved 59.57% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, PLYM has gained about 45.68% so far this year. Meanwhile, the Finance sector has returned an average of 14.65% on a year-to-date basis. As we can see, PLYMOUTH IND RE is performing better than its sector in the calendar year.
Looking more specifically, PLYM belongs to the REIT and Equity Trust - Other industry, which includes 120 individual stocks and currently sits at #160 in the Zacks Industry Rank. On average, this group has gained an average of 15.98% so far this year, meaning that PLYM is performing better in terms of year-to-date returns.
Going forward, investors interested in Finance stocks should continue to pay close attention to PLYM as it looks to continue its solid performance.