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.
Are Business Services Stocks Lagging GDS Holdings (GDS) 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. Is GDS Holdings (GDS - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
GDS Holdings is a member of the Business Services sector. This group includes 255 individual stocks and currently holds a Zacks Sector Rank of #7. 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 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. GDS Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for GDS' full-year earnings has moved 74.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, GDS has moved about 42.8% on a year-to-date basis. Meanwhile, stocks in the Business Services group have gained about 0.5% on average. As we can see, GDS Holdings is performing better than its sector in the calendar year.
Another stock in the Business Services sector, Mirion Technologies, Inc. (MIR - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 26.8%.
Over the past three months, Mirion Technologies, Inc.'s consensus EPS estimate for the current year has increased 5%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, GDS Holdings is a member of the Technology Services industry, which includes 119 individual companies and currently sits at #91 in the Zacks Industry Rank. Stocks in this group have gained about 19.8% so far this year, so GDS is performing better this group in terms of year-to-date returns. Mirion Technologies, Inc. is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on GDS Holdings and Mirion Technologies, Inc. as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Business Services Stocks Lagging GDS Holdings (GDS) 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. Is GDS Holdings (GDS - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
GDS Holdings is a member of the Business Services sector. This group includes 255 individual stocks and currently holds a Zacks Sector Rank of #7. 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 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. GDS Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for GDS' full-year earnings has moved 74.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, GDS has moved about 42.8% on a year-to-date basis. Meanwhile, stocks in the Business Services group have gained about 0.5% on average. As we can see, GDS Holdings is performing better than its sector in the calendar year.
Another stock in the Business Services sector, Mirion Technologies, Inc. (MIR - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 26.8%.
Over the past three months, Mirion Technologies, Inc.'s consensus EPS estimate for the current year has increased 5%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, GDS Holdings is a member of the Technology Services industry, which includes 119 individual companies and currently sits at #91 in the Zacks Industry Rank. Stocks in this group have gained about 19.8% so far this year, so GDS is performing better this group in terms of year-to-date returns. Mirion Technologies, Inc. is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on GDS Holdings and Mirion Technologies, Inc. as they attempt to continue their solid performance.