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 APi Group (APG) 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 APi (APG - Free Report) one of those stocks right now? 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.
APi is a member of the Business Services sector. This group includes 238 individual stocks and currently holds a Zacks Sector Rank of #14. 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. APi is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for APG's full-year earnings has moved 0.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, APG has moved about 11.2% on a year-to-date basis. Meanwhile, stocks in the Business Services group have lost about 10.2% on average. This shows that APi is outperforming its peers so far this year.
Another stock in the Business Services sector, Maximus (MMS - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 14%.
The consensus estimate for Maximus' current year EPS has increased 15.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, APi is a member of the Business - Services industry, which includes 23 individual companies and currently sits at #106 in the Zacks Industry Rank. This group has lost an average of 10.9% so far this year, so APG is performing better in this area.
On the other hand, Maximus belongs to the Government Services industry. This 3-stock industry is currently ranked #39. The industry has moved -6.4% year to date.
Investors interested in the Business Services sector may want to keep a close eye on APi and Maximus 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 APi Group (APG) 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 APi (APG - Free Report) one of those stocks right now? 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.
APi is a member of the Business Services sector. This group includes 238 individual stocks and currently holds a Zacks Sector Rank of #14. 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. APi is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for APG's full-year earnings has moved 0.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, APG has moved about 11.2% on a year-to-date basis. Meanwhile, stocks in the Business Services group have lost about 10.2% on average. This shows that APi is outperforming its peers so far this year.
Another stock in the Business Services sector, Maximus (MMS - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 14%.
The consensus estimate for Maximus' current year EPS has increased 15.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, APi is a member of the Business - Services industry, which includes 23 individual companies and currently sits at #106 in the Zacks Industry Rank. This group has lost an average of 10.9% so far this year, so APG is performing better in this area.
On the other hand, Maximus belongs to the Government Services industry. This 3-stock industry is currently ranked #39. The industry has moved -6.4% year to date.
Investors interested in the Business Services sector may want to keep a close eye on APi and Maximus as they attempt to continue their solid performance.