Investors focused on the Computer and Technology space have likely heard of Veeva Systems (VEEV Quick QuoteVEEV - Free Report) , 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.

Veeva Systems is one of 645 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. 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 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. VEEV is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for VEEV's full-year earnings has moved 4.77% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, VEEV has moved about 33.19% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 11.42%. This shows that Veeva Systems is outperforming its peers so far this year.

Looking more specifically, VEEV belongs to the Internet - Software industry, which includes 84 individual stocks and currently sits at #24 in the Zacks Industry Rank. This group has gained an average of 20.52% so far this year, so VEEV is performing better in this area.

Investors with an interest in Computer and Technology stocks should continue to track VEEV. The stock will be looking to continue its solid performance.