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 eGain (EGAN) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. eGain (EGAN - 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 Computer and Technology peers, we might be able to answer that question.
eGain is one of 604 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. 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 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. eGain is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for EGAN's full-year earnings has moved 220% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, EGAN has returned 43.3% so far this year. In comparison, Computer and Technology companies have returned an average of 20.6%. This means that eGain is outperforming the sector as a whole this year.
Another stock in the Computer and Technology sector, Draganfly Inc. (DPRO - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 30.2%.
The consensus estimate for Draganfly Inc.'s current year EPS has increased 37.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, eGain belongs to the Internet - Software industry, which includes 172 individual stocks and currently sits at #78 in the Zacks Industry Rank. This group has gained an average of 23.6% so far this year, so EGAN is performing better in this area.
In contrast, Draganfly Inc. falls under the Computers - IT Services industry. Currently, this industry has 43 stocks and is ranked #107. Since the beginning of the year, the industry has moved -15.1%.
eGain and Draganfly Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is eGain (EGAN) Outperforming Other Computer and Technology Stocks This Year?
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. eGain (EGAN - 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 Computer and Technology peers, we might be able to answer that question.
eGain is one of 604 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. 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 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. eGain is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for EGAN's full-year earnings has moved 220% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, EGAN has returned 43.3% so far this year. In comparison, Computer and Technology companies have returned an average of 20.6%. This means that eGain is outperforming the sector as a whole this year.
Another stock in the Computer and Technology sector, Draganfly Inc. (DPRO - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 30.2%.
The consensus estimate for Draganfly Inc.'s current year EPS has increased 37.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, eGain belongs to the Internet - Software industry, which includes 172 individual stocks and currently sits at #78 in the Zacks Industry Rank. This group has gained an average of 23.6% so far this year, so EGAN is performing better in this area.
In contrast, Draganfly Inc. falls under the Computers - IT Services industry. Currently, this industry has 43 stocks and is ranked #107. Since the beginning of the year, the industry has moved -15.1%.
eGain and Draganfly Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.