The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is BioCryst Pharmaceuticals (BCRX - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Medical peers, we might be able to answer that question.
BioCryst Pharmaceuticals is a member of the Medical sector. This group includes 890 individual stocks and currently holds a Zacks Sector Rank of #1. 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BCRX is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BCRX's full-year earnings has moved 11.61% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that BCRX has returned about 56.81% since the start of the calendar year. Meanwhile, stocks in the Medical group have lost about 3.22% on average. This means that BioCryst Pharmaceuticals is outperforming the sector as a whole this year.
Looking more specifically, BCRX belongs to the Medical - Drugs industry, which includes 171 individual stocks and currently sits at #16 in the Zacks Industry Rank. On average, this group has lost an average of 10.06% so far this year, meaning that BCRX is performing better in terms of year-to-date returns.
Going forward, investors interested in Medical stocks should continue to pay close attention to BCRX as it looks to continue its solid performance.