Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Interactive Brokers Group, Inc. (IBKR) 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? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Interactive Brokers Group, Inc. is one of 873 individual stocks in the Finance sector. Collectively, these companies sit at #4 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Interactive Brokers Group, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for IBKR's full-year earnings has moved 9.2% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, IBKR has moved about 40.6% on a year-to-date basis. In comparison, Finance companies have returned an average of 7.4%. This means that Interactive Brokers Group, Inc. is outperforming the sector as a whole this year.
Another stock in the Finance sector, Adamas Trust (ADAM), has outperformed the sector so far this year. The stock's year-to-date return is 31.6%.
The consensus estimate for Adamas Trust's current year EPS has increased 14.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Interactive Brokers Group, Inc. belongs to the Financial - Investment Bank industry, which includes 22 individual stocks and currently sits at #32 in the Zacks Industry Rank.
In contrast, Adamas Trust falls under the REIT and Equity Trust industry. Currently, this industry has 27 stocks and is ranked #236.
Interactive Brokers Group, Inc. and Adamas Trust could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.
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This article originally published on Zacks Investment Research (zacks.com).