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Is Amadeus IT Group (AMADY) Outperforming Other Business Services Stocks This Year?
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For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Amadeus IT Group SA Unsponsored ADR (AMADY - Free Report) been one of those stocks this year? 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.
Amadeus IT Group SA Unsponsored ADR is one of 259 companies in the Business Services group. The Business Services group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Amadeus IT Group SA Unsponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AMADY's full-year earnings has moved 1.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, AMADY has returned 8.3% so far this year. At the same time, Business Services stocks have lost an average of 5.4%. As we can see, Amadeus IT Group SA Unsponsored ADR is performing better than its sector in the calendar year.
Another Business Services stock, which has outperformed the sector so far this year, is Acuity (AYI - Free Report) . The stock has returned 25% year-to-date.
The consensus estimate for Acuity's current year EPS has increased 4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Amadeus IT Group SA Unsponsored ADR belongs to the Technology Services industry, which includes 124 individual stocks and currently sits at #86 in the Zacks Industry Rank. This group has gained an average of 40.1% so far this year, so AMADY is slightly underperforming its industry in this area. Acuity is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on Amadeus IT Group SA Unsponsored ADR and Acuity as they attempt to continue their solid performance.
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Is Amadeus IT Group (AMADY) Outperforming Other Business Services Stocks 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. Has Amadeus IT Group SA Unsponsored ADR (AMADY - Free Report) been one of those stocks this year? 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.
Amadeus IT Group SA Unsponsored ADR is one of 259 companies in the Business Services group. The Business Services group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Amadeus IT Group SA Unsponsored ADR is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AMADY's full-year earnings has moved 1.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, AMADY has returned 8.3% so far this year. At the same time, Business Services stocks have lost an average of 5.4%. As we can see, Amadeus IT Group SA Unsponsored ADR is performing better than its sector in the calendar year.
Another Business Services stock, which has outperformed the sector so far this year, is Acuity (AYI - Free Report) . The stock has returned 25% year-to-date.
The consensus estimate for Acuity's current year EPS has increased 4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Amadeus IT Group SA Unsponsored ADR belongs to the Technology Services industry, which includes 124 individual stocks and currently sits at #86 in the Zacks Industry Rank. This group has gained an average of 40.1% so far this year, so AMADY is slightly underperforming its industry in this area. Acuity is also part of the same industry.
Investors interested in the Business Services sector may want to keep a close eye on Amadeus IT Group SA Unsponsored ADR and Acuity as they attempt to continue their solid performance.