The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ManTech International (MANT - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.
ManTech International is one of 633 companies in the Computer and Technology group. The Computer and Technology group currently sits at #7 within the Zacks Sector Rank. 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 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. MANT is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for MANT's full-year earnings has moved 1.85% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, MANT has moved about 29.75% on a year-to-date basis. Meanwhile, stocks in the Computer and Technology group have gained about 19.95% on average. This means that ManTech International is performing better than its sector in terms of year-to-date returns.
Looking more specifically, MANT belongs to the Computer - Services industry, which includes 14 individual stocks and currently sits at #45 in the Zacks Industry Rank. Stocks in this group have gained about 19.03% so far this year, so MANT 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 MANT as it attempts to continue its solid performance.