Investors focused on the Business Services space have likely heard of Mastercard (MA - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of MA and the rest of the Business Services group's stocks.
Mastercard is a member of the Business Services sector. This group includes 196 individual stocks and currently holds a Zacks Sector Rank of #4. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. MA is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for MA's full-year earnings has moved 0.49% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, MA has moved about 15.74% on a year-to-date basis. In comparison, Business Services companies have returned an average of -3.23%. As we can see, Mastercard is performing better than its sector in the calendar year.
Looking more specifically, MA belongs to the Financial Transaction Services industry, which includes 24 individual stocks and currently sits at #34 in the Zacks Industry Rank. Stocks in this group have gained about 3.23% so far this year, so MA is performing better this group in terms of year-to-date returns.
Going forward, investors interested in Business Services stocks should continue to pay close attention to MA as it looks to continue its solid performance.