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Is Booz Allen Hamilton (BAH) Outperforming Other Business Services Stocks This Year?

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Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Booz Allen Hamilton (BAH - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Booz Allen Hamilton is one of 333 companies in the Business Services group. The Business Services group currently sits at #8 within 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 is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Booz Allen Hamilton is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for BAH's full-year earnings has moved 1.4% 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, BAH has returned 28.4% so far this year. Meanwhile, the Business Services sector has returned an average of -28.9% on a year-to-date basis. This shows that Booz Allen Hamilton is outperforming its peers so far this year.

Another Business Services stock, which has outperformed the sector so far this year, is CBIZ (CBZ - Free Report) . The stock has returned 26.9% year-to-date.

For CBIZ, the consensus EPS estimate for the current year has increased 0.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, Booz Allen Hamilton belongs to the Government Services industry, a group that includes 3 individual companies and currently sits at #5 in the Zacks Industry Rank. This group has gained an average of 14.6% so far this year, so BAH is performing better in this area.

CBIZ, however, belongs to the Consulting Services industry. Currently, this 15-stock industry is ranked #138. The industry has moved -26.5% so far this year.

Investors interested in the Business Services sector may want to keep a close eye on Booz Allen Hamilton and CBIZ as they attempt to continue their solid performance.


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