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 The Hanover Insurance Group (THG) Stock Outpacing Its Finance Peers This Year?
Read MoreHide Full Article
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. The Hanover Insurance Group (THG - 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? One simple way to answer this question is to take a look at the year-to-date performance of THG and the rest of the Finance group's stocks.
The Hanover Insurance Group is a member of the Finance sector. This group includes 822 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. THG is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for THG's full-year earnings has moved 0.58% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, THG has moved about 15.52% on a year-to-date basis. At the same time, Finance stocks have lost an average of 0.06%. This means that The Hanover Insurance Group is outperforming the sector as a whole this year.
To break things down more, THG belongs to the Insurance - Property and Casualty industry, a group that includes 48 individual companies and currently sits at #123 in the Zacks Industry Rank. Stocks in this group have gained about 5.18% so far this year, so THG 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 THG 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 The Hanover Insurance Group (THG) Stock Outpacing Its Finance Peers This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. The Hanover Insurance Group (THG - 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? One simple way to answer this question is to take a look at the year-to-date performance of THG and the rest of the Finance group's stocks.
The Hanover Insurance Group is a member of the Finance sector. This group includes 822 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. THG is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for THG's full-year earnings has moved 0.58% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, THG has moved about 15.52% on a year-to-date basis. At the same time, Finance stocks have lost an average of 0.06%. This means that The Hanover Insurance Group is outperforming the sector as a whole this year.
To break things down more, THG belongs to the Insurance - Property and Casualty industry, a group that includes 48 individual companies and currently sits at #123 in the Zacks Industry Rank. Stocks in this group have gained about 5.18% so far this year, so THG 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 THG as it attempts to continue its solid performance.