We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Cigna (CI) Stock Outpacing Its Finance Peers This Year?
Read MoreHide Full Article
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Cigna (CI - Free Report) one of those stocks right now? 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.
Cigna is one of 843 individual stocks in the Finance sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. CI is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CI's full-year earnings has moved 0.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that CI has returned about 0.97% since the start of the calendar year. Meanwhile, stocks in the Finance group have gained about 0.49% on average. This means that Cigna is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CI belongs to the Insurance - Multi line industry, a group that includes 26 individual stocks and currently sits at #112 in the Zacks Industry Rank. Stocks in this group have gained about 0.66% so far this year, so CI 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 CI as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Cigna (CI) Stock Outpacing Its Finance Peers This Year?
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Cigna (CI - Free Report) one of those stocks right now? 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.
Cigna is one of 843 individual stocks in the Finance sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. CI is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for CI's full-year earnings has moved 0.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that CI has returned about 0.97% since the start of the calendar year. Meanwhile, stocks in the Finance group have gained about 0.49% on average. This means that Cigna is performing better than its sector in terms of year-to-date returns.
Looking more specifically, CI belongs to the Insurance - Multi line industry, a group that includes 26 individual stocks and currently sits at #112 in the Zacks Industry Rank. Stocks in this group have gained about 0.66% so far this year, so CI 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 CI as it attempts to continue its solid performance.