【zur the enchanter cedh】Is Prospect Capital (PSEC) Outperforming Other Finance Stocks This Year?

时间:2024-09-29 08:14:25 来源:the abbey in morristown nj

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Prospect Capital (PSEC) been one of those stocks this zur the enchanter cedhyear? Let's take a closer look at the stock's year-to-date performance to find out.

Prospect Capital is a member of the Finance sector. This group includes 867 individual stocks and currently holds a Zacks Sector Rank of #8. 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.

【zur the enchanter cedh】Is Prospect Capital (PSEC) Outperforming Other Finance Stocks This Year?


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. PSEC is currently sporting a Zacks Rank of #1 (Strong Buy).

【zur the enchanter cedh】Is Prospect Capital (PSEC) Outperforming Other Finance Stocks This Year?


Within the past quarter, the Zacks Consensus Estimate for PSEC's full-year earnings has moved 11.77% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

【zur the enchanter cedh】Is Prospect Capital (PSEC) Outperforming Other Finance Stocks This Year?


Based on the latest available data, PSEC has gained about 1.78% so far this year. In comparison, Finance companies have returned an average of -4.70%. This means that Prospect Capital is outperforming the sector as a whole this year.


To break things down more, PSEC belongs to the Financial - Investment Management industry, a group that includes 52 individual companies and currently sits at #157 in the Zacks Industry Rank. Stocks in this group have lost about 16.89% so far this year, so PSEC is performing better this group in terms of year-to-date returns.


Investors with an interest in Finance stocks should continue to track PSEC. The stock will be looking to continue its solid performance.


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