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 Audioeye (AEYE) Stock Outpacing Its Computer and Technology Peers This Year?
Read MoreHide Full Article
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AudioEye (AEYE - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
AudioEye is one of 616 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. AudioEye is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for AEYE's full-year earnings has moved 45% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that AEYE has returned about 283.8% since the start of the calendar year. At the same time, Computer and Technology stocks have gained an average of 20.3%. As we can see, AudioEye is performing better than its sector in the calendar year.
Another stock in the Computer and Technology sector, Airgain (AIRG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 99.7%.
Over the past three months, Airgain's consensus EPS estimate for the current year has increased 5.4%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, AudioEye belongs to the Internet - Software industry, a group that includes 139 individual stocks and currently sits at #74 in the Zacks Industry Rank. This group has gained an average of 16.5% so far this year, so AEYE is performing better in this area.
Airgain, however, belongs to the Communication - Components industry. Currently, this 11-stock industry is ranked #22. The industry has moved +46.1% so far this year.
Investors with an interest in Computer and Technology stocks should continue to track AudioEye and Airgain. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Audioeye (AEYE) Stock Outpacing Its Computer and Technology Peers This Year?
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AudioEye (AEYE - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
AudioEye is one of 616 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. AudioEye is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for AEYE's full-year earnings has moved 45% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that AEYE has returned about 283.8% since the start of the calendar year. At the same time, Computer and Technology stocks have gained an average of 20.3%. As we can see, AudioEye is performing better than its sector in the calendar year.
Another stock in the Computer and Technology sector, Airgain (AIRG - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 99.7%.
Over the past three months, Airgain's consensus EPS estimate for the current year has increased 5.4%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, AudioEye belongs to the Internet - Software industry, a group that includes 139 individual stocks and currently sits at #74 in the Zacks Industry Rank. This group has gained an average of 16.5% so far this year, so AEYE is performing better in this area.
Airgain, however, belongs to the Communication - Components industry. Currently, this 11-stock industry is ranked #22. The industry has moved +46.1% so far this year.
Investors with an interest in Computer and Technology stocks should continue to track AudioEye and Airgain. These stocks will be looking to continue their solid performance.