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Is Mastercard (MA) Stock Outpacing Its Business Services Peers This Year?

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Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Mastercard (MA - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.

Mastercard is a member of the Business Services sector. This group includes 192 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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 0.90% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, MA has moved about 46.73% on a year-to-date basis. Meanwhile, stocks in the Business Services group have gained about 26.41% on average. This shows that Mastercard is outperforming its peers so far this year.

Looking more specifically, MA belongs to the Financial Transaction Services industry, which includes 25 individual stocks and currently sits at #101 in the Zacks Industry Rank. On average, stocks in this group have gained 39.16% this year, meaning that MA is performing better in terms of year-to-date returns.

MA will likely be looking to continue its solid performance, so investors interested in Business Services stocks should continue to pay close attention to the company.


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