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Is Mastercard (MA) Stock Outpacing Its Business Services Peers This Year?

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Investors focused on the Business Services space have likely heard of Mastercard (MA - 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.

Mastercard is a member of the Business Services sector. This group includes 190 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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

Over the past 90 days, the Zacks Consensus Estimate for MA's full-year earnings has moved 0.69% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, MA has returned 31.43% so far this year. In comparison, Business Services companies have returned an average of 24.21%. As we can see, Mastercard is performing better than its sector in the calendar year.

Looking more specifically, MA belongs to the Financial Transaction Services industry, a group that includes 23 individual stocks and currently sits at #98 in the Zacks Industry Rank. Stocks in this group have gained about 27.29% so far this year, so MA is performing better this group in terms of year-to-date returns.

MA 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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