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Is DBS Group (DBSDY) Stock Outpacing Its Finance Peers This Year?
DBSDYDBS Group(DBSDY) ZACKS·2024-12-26 15:40

Group 1: Industry Overview - Victory Capital Holdings operates within the Financial - Investment Management industry, which consists of 37 stocks and is currently ranked 59. The industry has experienced a growth of +38.6% year-to-date [1] - DBS Group Holdings Ltd (DBSDY) is part of the Banks - Foreign industry, which includes 66 stocks and is currently ranked 74 in the Zacks Industry Rank. This group has seen an average gain of 11% so far this year, indicating that DBSDY is outperforming its peers [5] Group 2: Company Performance - DBS Group Holdings Ltd has achieved a return of 39.1% year-to-date, significantly higher than the average return of 21.6% for Finance companies [7] - The Zacks Consensus Estimate for DBSDY's full-year earnings has increased by 1.5% over the past quarter, reflecting improved analyst sentiment and a stronger earnings outlook [2] - Victory Capital Holdings has also shown strong performance, with a year-to-date return of 93.5% and a consensus EPS estimate increase of 1.1% over the past three months, currently holding a Zacks Rank of 1 (Strong Buy) [5][8] Group 3: Investment Sentiment - The Zacks Rank system, which focuses on earnings estimates and revisions, currently ranks DBS Group Holdings Ltd at 2 (Buy), suggesting a positive outlook for the stock [4] - Both DBS Group Holdings Ltd and Victory Capital Holdings are highlighted as stocks to watch for investors interested in the Finance sector due to their solid performance [9]