Back to top

Image: Bigstock

Has Booz Allen Hamilton (BAH) Outpaced Other Business Services Stocks This Year?

Read MoreHide Full Article

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Booz Allen Hamilton (BAH - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.

Booz Allen Hamilton is one of 334 individual stocks in the Business Services sector. Collectively, these companies sit at #9 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. Booz Allen Hamilton is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for BAH's full-year earnings has moved 0.4% 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, BAH has moved about 14.1% on a year-to-date basis. Meanwhile, stocks in the Business Services group have lost about 33.8% on average. As we can see, Booz Allen Hamilton is performing better than its sector in the calendar year.

One other Business Services stock that has outperformed the sector so far this year is Nov Inc. (NOV - Free Report) . The stock is up 32.8% year-to-date.

In Nov Inc.'s case, the consensus EPS estimate for the current year increased 78.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Booz Allen Hamilton belongs to the Government Services industry, a group that includes 3 individual stocks and currently sits at #10 in the Zacks Industry Rank. On average, stocks in this group have gained 3.6% this year, meaning that BAH is performing better in terms of year-to-date returns.

Nov Inc. however, belongs to the Technology Services industry. Currently, this 189-stock industry is ranked #153. The industry has moved -51.5% so far this year.

Going forward, investors interested in Business Services stocks should continue to pay close attention to Booz Allen Hamilton and Nov Inc. as they could maintain their solid performance.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


NOV Inc. (NOV) - free report >>

Booz Allen Hamilton Holding Corporation (BAH) - free report >>

Published in