We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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 Viant Technology (DSP) Outperforming Other Business Services Stocks This Year?
Read MoreHide Full Article
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Viant Technology (DSP - 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.
Viant Technology is one of 288 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 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. Viant Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for DSP's full-year earnings has moved 20% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, DSP has moved about 36.7% on a year-to-date basis. Meanwhile, the Business Services sector has returned an average of 10.8% on a year-to-date basis. This means that Viant Technology is performing better than its sector in terms of year-to-date returns.
Another stock in the Business Services sector, Futu Holdings Limited Sponsored ADR (FUTU - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 44.8%.
The consensus estimate for Futu Holdings Limited Sponsored ADR's current year EPS has increased 5.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Viant Technology belongs to the Technology Services industry, a group that includes 152 individual stocks and currently sits at #77 in the Zacks Industry Rank. This group has gained an average of 22.7% so far this year, so DSP is performing better in this area. Futu Holdings Limited Sponsored ADR is also part of the same industry.
Viant Technology and Futu Holdings Limited Sponsored ADR could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Viant Technology (DSP) Outperforming Other Business Services Stocks This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Viant Technology (DSP - 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.
Viant Technology is one of 288 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 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. Viant Technology is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for DSP's full-year earnings has moved 20% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, DSP has moved about 36.7% on a year-to-date basis. Meanwhile, the Business Services sector has returned an average of 10.8% on a year-to-date basis. This means that Viant Technology is performing better than its sector in terms of year-to-date returns.
Another stock in the Business Services sector, Futu Holdings Limited Sponsored ADR (FUTU - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 44.8%.
The consensus estimate for Futu Holdings Limited Sponsored ADR's current year EPS has increased 5.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Viant Technology belongs to the Technology Services industry, a group that includes 152 individual stocks and currently sits at #77 in the Zacks Industry Rank. This group has gained an average of 22.7% so far this year, so DSP is performing better in this area. Futu Holdings Limited Sponsored ADR is also part of the same industry.
Viant Technology and Futu Holdings Limited Sponsored ADR could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.