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Is Advanced Disposal Services (ADSW) Stock Outpacing Its Business Services Peers This Year?

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Investors focused on the Business Services space have likely heard of Advanced Disposal Services , 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.

Advanced Disposal Services is one of 164 individual stocks in the Business Services sector. Collectively, these companies sit at #11 in 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. ADSW is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for ADSW's full-year earnings has moved 13.76% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that ADSW has returned about 4.22% since the start of the calendar year. In comparison, Business Services companies have returned an average of 13.01%. As we can see, Advanced Disposal Services is performing better than its sector in the calendar year.

Breaking things down more, ADSW is a member of the Waste Removal Services industry, which includes 10 individual companies and currently sits at #49 in the Zacks Industry Rank. On average, this group has gained an average of 0.43% so far this year, meaning that ADSW is performing better in terms of year-to-date returns.

ADSW will likely be looking to continue its solid performance, so investors interested Business Services stocks should continue to pay close attention to the company.