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Is Information Services Group (III) Stock Outpacing Its Business Services Peers This Year?

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Investors focused on the Business Services space have likely heard of Information Services Group (III - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.

Information Services Group is one of 196 individual stocks in the Business Services sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. III is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for III's full-year earnings has moved 14.74% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, III has returned 2.40% so far this year. At the same time, Business Services stocks have gained an average of 1.55%. This shows that Information Services Group is outperforming its peers so far this year.

Breaking things down more, III is a member of the Consulting Services industry, which includes 19 individual companies and currently sits at #54 in the Zacks Industry Rank. This group has gained an average of 2.05% so far this year, so III is performing better in this area.

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


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