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 uCloudlink Group (UCL) Outperforming Other Business Services Stocks This Year?
Read MoreHide Full Article
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. uCloudlink Group Inc. Sponsored ADR (UCL - 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? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.
uCloudlink Group Inc. Sponsored ADR is a member of the Business Services sector. This group includes 305 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. uCloudlink Group Inc. Sponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for UCL's full-year earnings has moved 150% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, UCL has gained about 65.7% so far this year. At the same time, Business Services stocks have gained an average of 20.3%. This means that uCloudlink Group Inc. Sponsored ADR is performing better than its sector in terms of year-to-date returns.
One other Business Services stock that has outperformed the sector so far this year is Zeta Global Holdings (ZETA - Free Report) . The stock is up 119.3% year-to-date.
The consensus estimate for Zeta Global Holdings' current year EPS has increased 62.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, uCloudlink Group Inc. Sponsored ADR is a member of the Business - Information Services industry, which includes 10 individual companies and currently sits at #69 in the Zacks Industry Rank. On average, this group has gained an average of 14.4% so far this year, meaning that UCL is performing better in terms of year-to-date returns.
In contrast, Zeta Global Holdings falls under the Technology Services industry. Currently, this industry has 162 stocks and is ranked #63. Since the beginning of the year, the industry has moved +50.7%.
Investors with an interest in Business Services stocks should continue to track uCloudlink Group Inc. Sponsored ADR and Zeta Global Holdings. 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 uCloudlink Group (UCL) Outperforming Other Business Services Stocks This Year?
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. uCloudlink Group Inc. Sponsored ADR (UCL - 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? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.
uCloudlink Group Inc. Sponsored ADR is a member of the Business Services sector. This group includes 305 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. uCloudlink Group Inc. Sponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for UCL's full-year earnings has moved 150% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, UCL has gained about 65.7% so far this year. At the same time, Business Services stocks have gained an average of 20.3%. This means that uCloudlink Group Inc. Sponsored ADR is performing better than its sector in terms of year-to-date returns.
One other Business Services stock that has outperformed the sector so far this year is Zeta Global Holdings (ZETA - Free Report) . The stock is up 119.3% year-to-date.
The consensus estimate for Zeta Global Holdings' current year EPS has increased 62.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, uCloudlink Group Inc. Sponsored ADR is a member of the Business - Information Services industry, which includes 10 individual companies and currently sits at #69 in the Zacks Industry Rank. On average, this group has gained an average of 14.4% so far this year, meaning that UCL is performing better in terms of year-to-date returns.
In contrast, Zeta Global Holdings falls under the Technology Services industry. Currently, this industry has 162 stocks and is ranked #63. Since the beginning of the year, the industry has moved +50.7%.
Investors with an interest in Business Services stocks should continue to track uCloudlink Group Inc. Sponsored ADR and Zeta Global Holdings. These stocks will be looking to continue their solid performance.