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Is Ashford Hospitality Trust (AHT) Stock Outpacing Its Finance Peers This Year?

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The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Ashford Hospitality Trust (AHT - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Ashford Hospitality Trust is one of 856 companies in the Finance group. The Finance group currently sits at #9 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 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. AHT is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for AHT's full-year earnings has moved 10.23% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, AHT has moved about 37% on a year-to-date basis. Meanwhile, stocks in the Finance group have gained about 12.34% on average. This means that Ashford Hospitality Trust is performing better than its sector in terms of year-to-date returns.

To break things down more, AHT belongs to the REIT and Equity Trust - Other industry, a group that includes 119 individual companies and currently sits at #155 in the Zacks Industry Rank. On average, stocks in this group have gained 15.90% this year, meaning that AHT is performing better in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on AHT as it attempts to continue its solid performance.


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