🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Is CURO Group Holdings (CURO) Stock Outpacing Its Finance Peers This Year?

Published 11/20/2019, 09:30 PM
Updated 07/09/2023, 06:31 AM

Investors focused on the Finance space have likely heard of CURO Group Holdings (CURO), but is the stock performing well in comparison to the rest of its sector peers? 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.

CURO Group Holdings is one of 843 companies in the Finance group. The Finance group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. CURO is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for CURO's full-year earnings has moved 5.09% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, CURO has moved about 50.69% on a year-to-date basis. At the same time, Finance stocks have gained an average of 17.04%. This means that CURO Group Holdings is outperforming the sector as a whole this year.

To break things down more, CURO belongs to the Financial - Consumer Loans industry, a group that includes 21 individual companies and currently sits at #65 in the Zacks Industry Rank. Stocks in this group have gained about 32.88% so far this year, so CURO is performing better this group in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on CURO as it attempts to continue its solid performance.



CURO Group Holdings Corp. (CURO): Free Stock Analysis Report

Original post

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.