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Is PLYMOUTH IND RE (PLYM) Outperforming Other Finance Stocks This Year?

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The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has PLYMOUTH IND RE (PLYM - Free Report) been one of those stocks this year? 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.

PLYMOUTH IND RE is a member of our Finance group, which includes 854 different companies and currently sits at #10 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 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. PLYM is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for PLYM's full-year earnings has moved 5.19% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, PLYM has returned 9.04% so far this year. Meanwhile, stocks in the Finance group have gained about 4.47% on average. This shows that PLYMOUTH IND RE is outperforming its peers so far this year.

To break things down more, PLYM belongs to the REIT and Equity Trust - Other industry, a group that includes 121 individual companies and currently sits at #158 in the Zacks Industry Rank. On average, stocks in this group have gained 4.70% this year, meaning that PLYM is performing better in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track PLYM. The stock will be looking to continue its solid performance.


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