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Is Bottomline Technologies (EPAY) Outperforming Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Bottomline Technologies , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Bottomline Technologies is a member of our Computer and Technology group, which includes 626 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. EPAY is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for EPAY's full-year earnings has moved 6.62% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that EPAY has returned about 82.56% since the start of the calendar year. At the same time, Computer and Technology stocks have gained an average of 10.45%. This means that Bottomline Technologies is outperforming the sector as a whole this year.

Looking more specifically, EPAY belongs to the Computer - Software industry, which includes 50 individual stocks and currently sits at #63 in the Zacks Industry Rank. This group has gained an average of 23.50% so far this year, so EPAY is performing better in this area.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to EPAY as it looks to continue its solid performance.