The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is American Healthcare REIT (AHR) one of those stocks right now? 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.
American Healthcare REIT is a member of our Finance group, which includes 876 different companies and currently sits at #5 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. 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 5.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, AHR has returned 13.9% so far this year. In comparison, Finance companies have returned an average of 9.1%. As we can see, American Healthcare REIT is performing better than its sector in the calendar year.
One other Finance stock that has outperformed the sector so far this year is BlackRock (BLK). The stock is up 10.5% year-to-date.
In BlackRock's case, the consensus EPS estimate for the current year increased 5.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, American Healthcare REIT belongs to the REIT and Equity Trust - Other industry, a group that includes 90 individual stocks and currently sits at #80 in the Zacks Industry Rank. This group has gained an average of 12.1% so far this year, so AHR is performing better in this area.
BlackRock, however, belongs to the Financial - Investment Management industry. Currently, this 37-stock industry is ranked #81. The industry has moved -0% so far this year.
Going forward, investors interested in Finance stocks should continue to pay close attention to American Healthcare REIT and BlackRock as they could maintain their solid performance.
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