Are Business Services Stocks Lagging Paymentus (PAY) This Year?

Group 1 - Paymentus (PAY) is currently outperforming its peers in the Business Services sector, with a year-to-date gain of approximately 4.5% compared to the sector's average return of 0.5% [4] - The Zacks Rank system indicates that Paymentus has a Zacks Rank of 2 (Buy), reflecting a positive analyst sentiment and an improving earnings outlook, with a 9.2% increase in the consensus estimate for full-year earnings over the past three months [3] - Paymentus belongs to the Financial Transaction Services industry, which includes 35 companies and is currently ranked 86 in the Zacks Industry Rank, with an average gain of 3.3% year-to-date, further indicating its strong performance [5] Group 2 - Society Pass Incorporated (SOPA) is another stock in the Business Services sector that has shown strong performance, with a year-to-date return of 28.1% and a Zacks Rank of 2 (Buy) [4][5] - The consensus estimate for Society Pass's current year EPS has increased by 27.1% over the past three months, indicating positive analyst sentiment similar to that of Paymentus [5] - The Technology Services industry, where Society Pass operates, has underperformed with a year-to-date decline of -6.5%, contrasting with the performance of Paymentus and SOPA [6]