The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cardtronics been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Cardtronics is a member of the Business Services sector. This group includes 197 individual stocks and currently holds a Zacks Sector Rank of #3. 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. CATM is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CATM's full-year earnings has moved 13.13% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CATM has moved about 63.61% on a year-to-date basis. Meanwhile, the Business Services sector has returned an average of 6.55% on a year-to-date basis. This means that Cardtronics is performing better than its sector in terms of year-to-date returns.
Breaking things down more, CATM is a member of the Financial Transaction Services industry, which includes 25 individual companies and currently sits at #35 in the Zacks Industry Rank. On average, this group has gained an average of 14.28% so far this year, meaning that CATM is performing better in terms of year-to-date returns.
Investors with an interest in Business Services stocks should continue to track CATM. The stock will be looking to continue its solid performance.
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Is Cardtronics (CATM) Stock Outpacing Its Business Services Peers This Year?
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cardtronics been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Cardtronics is a member of the Business Services sector. This group includes 197 individual stocks and currently holds a Zacks Sector Rank of #3. 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. CATM is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CATM's full-year earnings has moved 13.13% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CATM has moved about 63.61% on a year-to-date basis. Meanwhile, the Business Services sector has returned an average of 6.55% on a year-to-date basis. This means that Cardtronics is performing better than its sector in terms of year-to-date returns.
Breaking things down more, CATM is a member of the Financial Transaction Services industry, which includes 25 individual companies and currently sits at #35 in the Zacks Industry Rank. On average, this group has gained an average of 14.28% so far this year, meaning that CATM is performing better in terms of year-to-date returns.
Investors with an interest in Business Services stocks should continue to track CATM. The stock will be looking to continue its solid performance.