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 Advantage Solutions (ADV) Stock Outpacing Its Business Services Peers This Year?
Read MoreHide Full Article
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Advantage Solutions Inc. (ADV - 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? 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.
Advantage Solutions Inc. is a member of the Business Services sector. This group includes 329 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Advantage Solutions Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ADV's full-year earnings has moved 18.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ADV has returned 35.6% so far this year. Meanwhile, stocks in the Business Services group have gained about 7.2% on average. As we can see, Advantage Solutions Inc. is performing better than its sector in the calendar year.
Another stock in the Business Services sector, APi (APG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 35.9%.
In APi's case, the consensus EPS estimate for the current year increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Advantage Solutions Inc. is a member of the Business - Information Services industry, which includes 10 individual companies and currently sits at #91 in the Zacks Industry Rank. This group has gained an average of 11.2% so far this year, so ADV is performing better in this area.
On the other hand, APi belongs to the Business - Services industry. This 25-stock industry is currently ranked #200. The industry has moved +9.5% year to date.
Investors with an interest in Business Services stocks should continue to track Advantage Solutions Inc. and APi. 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 Advantage Solutions (ADV) Stock Outpacing Its Business Services Peers This Year?
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Advantage Solutions Inc. (ADV - 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? 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.
Advantage Solutions Inc. is a member of the Business Services sector. This group includes 329 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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. Advantage Solutions Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ADV's full-year earnings has moved 18.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ADV has returned 35.6% so far this year. Meanwhile, stocks in the Business Services group have gained about 7.2% on average. As we can see, Advantage Solutions Inc. is performing better than its sector in the calendar year.
Another stock in the Business Services sector, APi (APG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 35.9%.
In APi's case, the consensus EPS estimate for the current year increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Advantage Solutions Inc. is a member of the Business - Information Services industry, which includes 10 individual companies and currently sits at #91 in the Zacks Industry Rank. This group has gained an average of 11.2% so far this year, so ADV is performing better in this area.
On the other hand, APi belongs to the Business - Services industry. This 25-stock industry is currently ranked #200. The industry has moved +9.5% year to date.
Investors with an interest in Business Services stocks should continue to track Advantage Solutions Inc. and APi. These stocks will be looking to continue their solid performance.