We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Blucora (BCOR) Outpaced Other Business Services Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Blucora is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.
Blucora is one of 327 companies in the Business Services group. The Business Services group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Blucora is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BCOR's full-year earnings has moved 12.9% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, BCOR has gained about 15.9% so far this year. At the same time, Business Services stocks have lost an average of 25.1%. As we can see, Blucora is performing better than its sector in the calendar year.
Another Business Services stock, which has outperformed the sector so far this year, is NV5 Holdings (NVEE - Free Report) . The stock has returned 1.9% year-to-date.
Over the past three months, NV5 Holdings' consensus EPS estimate for the current year has increased 3.1%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Blucora belongs to the Technology Services industry, a group that includes 178 individual stocks and currently sits at #137 in the Zacks Industry Rank. On average, this group has lost an average of 42.1% so far this year, meaning that BCOR is performing better in terms of year-to-date returns.
NV5 Holdings, however, belongs to the Consulting Services industry. Currently, this 15-stock industry is ranked #22. The industry has moved -26.4% so far this year.
Going forward, investors interested in Business Services stocks should continue to pay close attention to Blucora and NV5 Holdings as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Blucora (BCOR) Outpaced Other Business Services Stocks This Year?
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Blucora is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.
Blucora is one of 327 companies in the Business Services group. The Business Services group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Blucora is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BCOR's full-year earnings has moved 12.9% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, BCOR has gained about 15.9% so far this year. At the same time, Business Services stocks have lost an average of 25.1%. As we can see, Blucora is performing better than its sector in the calendar year.
Another Business Services stock, which has outperformed the sector so far this year, is NV5 Holdings (NVEE - Free Report) . The stock has returned 1.9% year-to-date.
Over the past three months, NV5 Holdings' consensus EPS estimate for the current year has increased 3.1%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Blucora belongs to the Technology Services industry, a group that includes 178 individual stocks and currently sits at #137 in the Zacks Industry Rank. On average, this group has lost an average of 42.1% so far this year, meaning that BCOR is performing better in terms of year-to-date returns.
NV5 Holdings, however, belongs to the Consulting Services industry. Currently, this 15-stock industry is ranked #22. The industry has moved -26.4% so far this year.
Going forward, investors interested in Business Services stocks should continue to pay close attention to Blucora and NV5 Holdings as they could maintain their solid performance.