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 Healthcare Services Group (HCSG) Stock Outpacing Its Business Services Peers 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. Is Healthcare Services (HCSG - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Healthcare Services is a member of our Business Services group, which includes 256 different companies and currently sits at #8 in the Zacks Sector Rank. 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. Healthcare Services is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for HCSG's full-year earnings has moved 10% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, HCSG has gained about 19.2% so far this year. At the same time, Business Services stocks have lost an average of 0.3%. As we can see, Healthcare Services is performing better than its sector in the calendar year.
Another stock in the Business Services sector, Huron Consulting (HURN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 1.8%.
The consensus estimate for Huron Consulting's current year EPS has increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Healthcare Services belongs to the Business - Services industry, a group that includes 26 individual companies and currently sits at #96 in the Zacks Industry Rank. This group has gained an average of 15.4% so far this year, so HCSG is performing better in this area.
In contrast, Huron Consulting falls under the Consulting Services industry. Currently, this industry has 13 stocks and is ranked #29. Since the beginning of the year, the industry has moved -13.7%.
Investors interested in the Business Services sector may want to keep a close eye on Healthcare Services and Huron Consulting as they attempt 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 Healthcare Services Group (HCSG) Stock Outpacing Its Business Services Peers This Year?
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Healthcare Services (HCSG - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Healthcare Services is a member of our Business Services group, which includes 256 different companies and currently sits at #8 in the Zacks Sector Rank. 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. Healthcare Services is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for HCSG's full-year earnings has moved 10% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, HCSG has gained about 19.2% so far this year. At the same time, Business Services stocks have lost an average of 0.3%. As we can see, Healthcare Services is performing better than its sector in the calendar year.
Another stock in the Business Services sector, Huron Consulting (HURN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 1.8%.
The consensus estimate for Huron Consulting's current year EPS has increased 2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Healthcare Services belongs to the Business - Services industry, a group that includes 26 individual companies and currently sits at #96 in the Zacks Industry Rank. This group has gained an average of 15.4% so far this year, so HCSG is performing better in this area.
In contrast, Huron Consulting falls under the Consulting Services industry. Currently, this industry has 13 stocks and is ranked #29. Since the beginning of the year, the industry has moved -13.7%.
Investors interested in the Business Services sector may want to keep a close eye on Healthcare Services and Huron Consulting as they attempt to continue their solid performance.