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 FirstCash (FCFS) 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. FirstCash Holdings (FCFS - 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.
FirstCash Holdings is a member of the Business Services sector. This group includes 262 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. FirstCash Holdings is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for FCFS' full-year earnings has moved 1.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FCFS has returned about 46.6% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 1.5% on average. This means that FirstCash Holdings is outperforming the sector as a whole this year.
Green Dot (GDOT - Free Report) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 22.7%.
The consensus estimate for Green Dot's current year EPS has increased 32.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, FirstCash Holdings belongs to the Financial Transaction Services industry, which includes 34 individual stocks and currently sits at #34 in the Zacks Industry Rank. On average, stocks in this group have gained 1.8% this year, meaning that FCFS is performing better in terms of year-to-date returns. Green Dot is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on FirstCash Holdings and Green Dot 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 FirstCash (FCFS) 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. FirstCash Holdings (FCFS - 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.
FirstCash Holdings is a member of the Business Services sector. This group includes 262 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. FirstCash Holdings is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for FCFS' full-year earnings has moved 1.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FCFS has returned about 46.6% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 1.5% on average. This means that FirstCash Holdings is outperforming the sector as a whole this year.
Green Dot (GDOT - Free Report) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 22.7%.
The consensus estimate for Green Dot's current year EPS has increased 32.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, FirstCash Holdings belongs to the Financial Transaction Services industry, which includes 34 individual stocks and currently sits at #34 in the Zacks Industry Rank. On average, stocks in this group have gained 1.8% this year, meaning that FCFS is performing better in terms of year-to-date returns. Green Dot is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on FirstCash Holdings and Green Dot as they attempt to continue their solid performance.