For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Bankinter SA (BKNIY) 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? 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.
Bankinter SA is a member of our Finance group, which includes 869 different companies and currently sits at #2 in 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. Bankinter SA is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for BKNIY's full-year earnings has moved 16.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, BKNIY has moved about 97.3% on a year-to-date basis. At the same time, Finance stocks have gained an average of 11.3%. As we can see, Bankinter SA is performing better than its sector in the calendar year.
The Charles Schwab Corporation (SCHW) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 32.1%.
For The Charles Schwab Corporation, the consensus EPS estimate for the current year has increased 8.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Bankinter SA is a member of the Banks - Foreign industry, which includes 67 individual companies and currently sits at #39 in the Zacks Industry Rank. Stocks in this group have gained about 34.6% so far this year, so BKNIY is performing better this group in terms of year-to-date returns.
The Charles Schwab Corporation, however, belongs to the Financial - Investment Bank industry. Currently, this 21-stock industry is ranked #10. The industry has moved +22.7% so far this year.
Investors interested in the Finance sector may want to keep a close eye on Bankinter SA and The Charles Schwab Corporation as they attempt to continue their solid performance.
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Bankinter SA (BKNIY): Free Stock Analysis Report The Charles Schwab Corporation (SCHW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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