Is Genpact (G) Stock Outpacing Its Computer and Technology Peers This Year?

Zacks
04-09

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. Genpact (G) 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? Let's take a closer look at the stock's year-to-date performance to find out.

Genpact is a member of the Computer and Technology sector. This group includes 611 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. Genpact is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for G's full-year earnings has moved 4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that G has returned about 5% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of -22.4% on a year-to-date basis. This means that Genpact is outperforming the sector as a whole this year.

Another Computer and Technology stock, which has outperformed the sector so far this year, is StoneCo Ltd. (STNE). The stock has returned 30.9% year-to-date.

Over the past three months, StoneCo Ltd.'s consensus EPS estimate for the current year has increased 5.3%. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Genpact belongs to the Computers - IT Services industry, which includes 40 individual stocks and currently sits at #92 in the Zacks Industry Rank. This group has lost an average of 22.9% so far this year, so G is performing better in this area.

In contrast, StoneCo Ltd. falls under the Internet - Software industry. Currently, this industry has 171 stocks and is ranked #78. Since the beginning of the year, the industry has moved -17.3%.

Genpact and StoneCo Ltd. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Genpact Limited (G) : Free Stock Analysis Report

StoneCo Ltd. (STNE) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10