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Are Finance Stocks Lagging Bankinter (BKNIY) This Year?
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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 - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Bankinter SA is one of 860 individual stocks in the Finance sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. 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 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. Bankinter SA is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BKNIY's full-year earnings has moved 4.3% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, BKNIY has returned 33.2% so far this year. At the same time, Finance stocks have gained an average of 14.4%. This shows that Bankinter SA is outperforming its peers so far this year.
Another Finance stock, which has outperformed the sector so far this year, is Truist Financial Corporation (TFC - Free Report) . The stock has returned 16.3% year-to-date.
For Truist Financial Corporation, the consensus EPS estimate for the current year has increased 5.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Bankinter SA is a member of the Banks - Foreign industry, which includes 66 individual companies and currently sits at #44 in the Zacks Industry Rank. On average, this group has gained an average of 11.8% so far this year, meaning that BKNIY is performing better in terms of year-to-date returns.
Truist Financial Corporation, however, belongs to the Banks - Major Regional industry. Currently, this 15-stock industry is ranked #47. The industry has moved +19.7% so far this year.
Investors with an interest in Finance stocks should continue to track Bankinter SA and Truist Financial Corporation. These stocks will be looking to continue their solid performance.
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Are Finance Stocks Lagging Bankinter (BKNIY) 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. Bankinter SA (BKNIY - 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? Let's take a closer look at the stock's year-to-date performance to find out.
Bankinter SA is one of 860 individual stocks in the Finance sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. 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 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. Bankinter SA is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BKNIY's full-year earnings has moved 4.3% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, BKNIY has returned 33.2% so far this year. At the same time, Finance stocks have gained an average of 14.4%. This shows that Bankinter SA is outperforming its peers so far this year.
Another Finance stock, which has outperformed the sector so far this year, is Truist Financial Corporation (TFC - Free Report) . The stock has returned 16.3% year-to-date.
For Truist Financial Corporation, the consensus EPS estimate for the current year has increased 5.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Bankinter SA is a member of the Banks - Foreign industry, which includes 66 individual companies and currently sits at #44 in the Zacks Industry Rank. On average, this group has gained an average of 11.8% so far this year, meaning that BKNIY is performing better in terms of year-to-date returns.
Truist Financial Corporation, however, belongs to the Banks - Major Regional industry. Currently, this 15-stock industry is ranked #47. The industry has moved +19.7% so far this year.
Investors with an interest in Finance stocks should continue to track Bankinter SA and Truist Financial Corporation. These stocks will be looking to continue their solid performance.