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Is Jones Lang LaSalle (JLL) Outperforming Other Finance Stocks This Year?

Zacks Equity Research
Oracle (ORCL) delivered earnings and revenue surprises of 8.41% and 1.78%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?

Investors focused on the Finance space have likely heard of Jones Lang LaSalle (JLL), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Jones Lang LaSalle is a member of the Finance sector. This group includes 856 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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

Over the past three months, the Zacks Consensus Estimate for JLL's full-year earnings has moved 4.73% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that JLL has returned about 12.99% since the start of the calendar year. At the same time, Finance stocks have gained an average of 12.55%. This shows that Jones Lang LaSalle is outperforming its peers so far this year.

Looking more specifically, JLL belongs to the Real Estate - Operations industry, a group that includes 30 individual stocks and currently sits at #73 in the Zacks Industry Rank. On average, stocks in this group have gained 19.62% this year, meaning that JLL is slightly underperforming its industry in terms of year-to-date returns.

Going forward, investors interested in Finance stocks should continue to pay close attention to JLL as it looks to continue its solid performance.


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