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Has Everi Holdings (EVRI) Outpaced Other Business Services Stocks This Year?

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Investors focused on the Business Services space have likely heard of Everi Holdings (EVRI - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of EVRI and the rest of the Business Services group's stocks.

Everi Holdings is a member of the Business Services sector. This group includes 192 individual stocks and currently holds a Zacks Sector Rank of #7. 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 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. EVRI is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for EVRI's full-year earnings has moved 335% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, EVRI has gained about 34.95% so far this year. In comparison, Business Services companies have returned an average of 10.25%. This means that Everi Holdings is outperforming the sector as a whole this year.

Breaking things down more, EVRI is a member of the Business - Services industry, which includes 33 individual companies and currently sits at #96 in the Zacks Industry Rank. On average, stocks in this group have gained 30.21% this year, meaning that EVRI is performing better in terms of year-to-date returns.

EVRI 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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