Investors focused on the Computer and Technology space have likely heard of Splunk , 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.

Splunk is one of 625 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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

Within the past quarter, the Zacks Consensus Estimate for SPLK's full-year earnings has moved 1.35% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that SPLK has returned about 46.28% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 12.81%. As we can see, Splunk is performing better than its sector in the calendar year.

Breaking things down more, SPLK is a member of the Internet - Software industry, which includes 70 individual companies and currently sits at #107 in the Zacks Industry Rank. On average, this group has gained an average of 29.84% so far this year, meaning that SPLK is performing better in terms of year-to-date returns.

SPLK will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.