Is DLH Holdings (DLHC) Outperforming Other Business Services Stocks This Year?

DLHC

Investors focused on the Business Services space have likely heard of DLH Holdings (DLHC - 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.

DLH Holdings is a member of the Business Services sector. This group includes 191 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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

The Zacks Consensus Estimate for DLHC's full-year earnings has moved 14.29% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, DLHC has returned 39.78% so far this year. Meanwhile, the Business Services sector has returned an average of 19.03% on a year-to-date basis. This means that DLH Holdings is outperforming the sector as a whole this year.

Looking more specifically, DLHC belongs to the Staffing Firms industry, a group that includes 17 individual stocks and currently sits at #57 in the Zacks Industry Rank. This group has gained an average of 15.94% so far this year, so DLHC is performing better in this area.

Going forward, investors interested in Business Services stocks should continue to pay close attention to DLHC as it looks to continue its solid performance.

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