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 MR. COOPER GROUP INC (COOP) 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. Has MR. COOPER GROUP INC (COOP - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
MR. COOPER GROUP INC is one of 840 individual stocks in the Finance sector. Collectively, these companies sit at #9 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. COOP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for COOP's full-year earnings has moved 56.82% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, COOP has returned 9% so far this year. Meanwhile, stocks in the Finance group have gained about 17.75% on average. This means that MR. COOPER GROUP INC is outperforming the sector as a whole this year.
To break things down more, COOP belongs to the Financial - Consumer Loans industry, a group that includes 21 individual companies and currently sits at #67 in the Zacks Industry Rank. This group has gained an average of 35.43% so far this year, so COOP is slightly underperforming its industry in this area.
Going forward, investors interested in Finance stocks should continue to pay close attention to COOP as it looks 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 MR. COOPER GROUP INC (COOP) 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. Has MR. COOPER GROUP INC (COOP - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
MR. COOPER GROUP INC is one of 840 individual stocks in the Finance sector. Collectively, these companies sit at #9 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. COOP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for COOP's full-year earnings has moved 56.82% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, COOP has returned 9% so far this year. Meanwhile, stocks in the Finance group have gained about 17.75% on average. This means that MR. COOPER GROUP INC is outperforming the sector as a whole this year.
To break things down more, COOP belongs to the Financial - Consumer Loans industry, a group that includes 21 individual companies and currently sits at #67 in the Zacks Industry Rank. This group has gained an average of 35.43% so far this year, so COOP is slightly underperforming its industry in this area.
Going forward, investors interested in Finance stocks should continue to pay close attention to COOP as it looks to continue its solid performance.