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Are Business Services Stocks Lagging Barrett Business Services (BBSI) 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. Is Barrett Business Services (BBSI - 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.
Barrett Business Services is one of 253 companies in the Business Services group. The Business Services group currently sits at #5 within the Zacks Sector Rank. 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. Barrett Business Services is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for BBSI's full-year earnings has moved 4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, BBSI has returned 6% so far this year. Meanwhile, stocks in the Business Services group have lost about 0.2% on average. As we can see, Barrett Business Services is performing better than its sector in the calendar year.
Another Business Services stock, which has outperformed the sector so far this year, is Bright Horizons Family Solutions (BFAM - Free Report) . The stock has returned 0.8% year-to-date.
In Bright Horizons Family Solutions' case, the consensus EPS estimate for the current year increased 4.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Barrett Business Services belongs to the Outsourcing industry, a group that includes 7 individual stocks and currently sits at #17 in the Zacks Industry Rank. Stocks in this group have lost about 4% so far this year, so BBSI is performing better this group in terms of year-to-date returns.
On the other hand, Bright Horizons Family Solutions belongs to the Business - Services industry. This 26-stock industry is currently ranked #66. The industry has moved +4.5% year to date.
Barrett Business Services and Bright Horizons Family Solutions could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.
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Are Business Services Stocks Lagging Barrett Business Services (BBSI) This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Barrett Business Services (BBSI - 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.
Barrett Business Services is one of 253 companies in the Business Services group. The Business Services group currently sits at #5 within the Zacks Sector Rank. 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. Barrett Business Services is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for BBSI's full-year earnings has moved 4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, BBSI has returned 6% so far this year. Meanwhile, stocks in the Business Services group have lost about 0.2% on average. As we can see, Barrett Business Services is performing better than its sector in the calendar year.
Another Business Services stock, which has outperformed the sector so far this year, is Bright Horizons Family Solutions (BFAM - Free Report) . The stock has returned 0.8% year-to-date.
In Bright Horizons Family Solutions' case, the consensus EPS estimate for the current year increased 4.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Barrett Business Services belongs to the Outsourcing industry, a group that includes 7 individual stocks and currently sits at #17 in the Zacks Industry Rank. Stocks in this group have lost about 4% so far this year, so BBSI is performing better this group in terms of year-to-date returns.
On the other hand, Bright Horizons Family Solutions belongs to the Business - Services industry. This 26-stock industry is currently ranked #66. The industry has moved +4.5% year to date.
Barrett Business Services and Bright Horizons Family Solutions could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.