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.
Is CBIZ (CBZ) Outperforming Other Business Services Stocks This Year?
Read MoreHide Full Article
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is CBIZ (CBZ - 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.
CBIZ is a member of the Business Services sector. This group includes 245 individual stocks and currently holds a Zacks Sector Rank of #9. 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CBIZ is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CBZ's full-year earnings has moved 2.3% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that CBZ has returned about 8.4% since the start of the calendar year. Meanwhile, stocks in the Business Services group have lost about 14.6% on average. This means that CBIZ is performing better than its sector in terms of year-to-date returns.
GigaCloud Technology Inc. (GCT - 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 36.8%.
The consensus estimate for GigaCloud Technology Inc.'s current year EPS has increased 17.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, CBIZ belongs to the Consulting Services industry, a group that includes 13 individual stocks and currently sits at #60 in the Zacks Industry Rank. On average, this group has lost an average of 24.7% so far this year, meaning that CBZ is performing better in terms of year-to-date returns.
GigaCloud Technology Inc., however, belongs to the Technology Services industry. Currently, this 123-stock industry is ranked #172. The industry has moved -14.6% so far this year.
CBIZ and GigaCloud Technology Inc. could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.
View the Zacks #1 Rank List
Image: Bigstock
Is CBIZ (CBZ) Outperforming Other Business Services Stocks This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is CBIZ (CBZ - 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.
CBIZ is a member of the Business Services sector. This group includes 245 individual stocks and currently holds a Zacks Sector Rank of #9. 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CBIZ is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CBZ's full-year earnings has moved 2.3% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that CBZ has returned about 8.4% since the start of the calendar year. Meanwhile, stocks in the Business Services group have lost about 14.6% on average. This means that CBIZ is performing better than its sector in terms of year-to-date returns.
GigaCloud Technology Inc. (GCT - 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 36.8%.
The consensus estimate for GigaCloud Technology Inc.'s current year EPS has increased 17.7% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, CBIZ belongs to the Consulting Services industry, a group that includes 13 individual stocks and currently sits at #60 in the Zacks Industry Rank. On average, this group has lost an average of 24.7% so far this year, meaning that CBZ is performing better in terms of year-to-date returns.
GigaCloud Technology Inc., however, belongs to the Technology Services industry. Currently, this 123-stock industry is ranked #172. The industry has moved -14.6% so far this year.
CBIZ and GigaCloud Technology Inc. could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.