Is Randstad Holding NV (RANJY) Stock Outpacing Its Business Services Peers This Year?

RHI RANJY

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Randstad Holding NV (RANJY - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.

Randstad Holding NV is a member of the Business Services sector. This group includes 307 individual stocks and currently holds a Zacks Sector Rank of #8. 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. Randstad Holding NV is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for RANJY's full-year earnings has moved 0.7% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, RANJY has returned 6% so far this year. At the same time, Business Services stocks have lost an average of 16.3%. As we can see, Randstad Holding NV is performing better than its sector in the calendar year.

Another stock in the Business Services sector, Robert Half (RHI - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 3.4%.

For Robert Half, the consensus EPS estimate for the current year has increased 9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, Randstad Holding NV is a member of the Staffing Firms industry, which includes 16 individual companies and currently sits at #26 in the Zacks Industry Rank. Stocks in this group have lost about 3.3% so far this year, so RANJY is performing better this group in terms of year-to-date returns. Robert Half is also part of the same industry.

Randstad Holding NV and Robert Half could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>