The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has American Healthcare REIT (AHR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
American Healthcare REIT is a member of our Finance group, which includes 873 different companies and currently sits at #7 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. American Healthcare REIT is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AHR's full-year earnings has moved 5.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, AHR has returned 12.8% so far this year. In comparison, Finance companies have returned an average of 6.1%. This means that American Healthcare REIT is performing better than its sector in terms of year-to-date returns.
Banco Bilbao (BBVA) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 23.7%.
The consensus estimate for Banco Bilbao's current year EPS has increased 1.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, American Healthcare REIT is a member of the REIT and Equity Trust - Other industry, which includes 90 individual companies and currently sits at #106 in the Zacks Industry Rank. On average, stocks in this group have gained 8.8% this year, meaning that AHR is performing better in terms of year-to-date returns.
In contrast, Banco Bilbao falls under the Banks - Foreign industry. Currently, this industry has 85 stocks and is ranked #60. Since the beginning of the year, the industry has moved +18.4%.
Investors interested in the Finance sector may want to keep a close eye on American Healthcare REIT and Banco Bilbao as they attempt to continue their solid performance.
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American Healthcare REIT, Inc. (AHR): Free Stock Analysis Report
Banco Bilbao Viscaya Argentaria S.A. (BBVA): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).