Investors focused on the Computer and Technology space have likely heard of Veeva Systems (VEEV Quick QuoteVEEV - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Veeva Systems is one of 640 companies in the Computer and Technology group. The Computer and Technology group currently sits at #4 within the Zacks Sector Rank. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. VEEV is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for VEEV's full-year earnings has moved 11.91% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, VEEV has moved about 53.50% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 24.20%. This shows that Veeva Systems is outperforming its peers so far this year.

Looking more specifically, VEEV belongs to the Internet - Software industry, a group that includes 84 individual stocks and currently sits at #26 in the Zacks Industry Rank. Stocks in this group have gained about 29.64% so far this year, so VEEV is performing better this group in terms of year-to-date returns.

Investors in the Computer and Technology sector will want to keep a close eye on VEEV as it attempts to continue its solid performance.