We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Aspen Technology (AZPN) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Aspen Technology (AZPN - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Aspen Technology is a member of our Computer and Technology group, which includes 665 different companies and currently sits at #10 in the Zacks Sector Rank. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Aspen Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AZPN's full-year earnings has moved 17.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, AZPN has moved about 18.9% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of -28.9% on a year-to-date basis. This shows that Aspen Technology is outperforming its peers so far this year.
DZS Inc. (DZSI - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.8%.
In DZS Inc.'s case, the consensus EPS estimate for the current year increased 21.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Aspen Technology belongs to the Internet - Software industry, a group that includes 148 individual companies and currently sits at #143 in the Zacks Industry Rank. On average, stocks in this group have lost 52.6% this year, meaning that AZPN is performing better in terms of year-to-date returns.
On the other hand, DZS Inc. belongs to the Communication - Infrastructure industry. This 8-stock industry is currently ranked #50. The industry has moved -44.6% year to date.
Investors with an interest in Computer and Technology stocks should continue to track Aspen Technology and DZS Inc. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Aspen Technology (AZPN) Outperforming Other Computer and Technology Stocks This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Aspen Technology (AZPN - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Aspen Technology is a member of our Computer and Technology group, which includes 665 different companies and currently sits at #10 in the Zacks Sector Rank. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Aspen Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AZPN's full-year earnings has moved 17.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, AZPN has moved about 18.9% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of -28.9% on a year-to-date basis. This shows that Aspen Technology is outperforming its peers so far this year.
DZS Inc. (DZSI - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.8%.
In DZS Inc.'s case, the consensus EPS estimate for the current year increased 21.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Aspen Technology belongs to the Internet - Software industry, a group that includes 148 individual companies and currently sits at #143 in the Zacks Industry Rank. On average, stocks in this group have lost 52.6% this year, meaning that AZPN is performing better in terms of year-to-date returns.
On the other hand, DZS Inc. belongs to the Communication - Infrastructure industry. This 8-stock industry is currently ranked #50. The industry has moved -44.6% year to date.
Investors with an interest in Computer and Technology stocks should continue to track Aspen Technology and DZS Inc. These stocks will be looking to continue their solid performance.