Are Business Services Stocks Lagging Green Dot (GDOT) This Year?

Company Performance - Green Dot (GDOT) has returned approximately 5.9% year-to-date, outperforming the average return of 2.8% for the Business Services sector [4] - The Zacks Consensus Estimate for GDOT's full-year earnings has increased by 21.5% over the past three months, indicating a positive earnings outlook [3] - Green Dot is currently ranked 1 (Strong Buy) in the Zacks Rank system, reflecting improving analyst sentiment [3] Industry Comparison - Green Dot belongs to the Financial Transaction Services industry, which includes 35 companies and is currently ranked 41 in the Zacks Industry Rank [5] - The average return for stocks in the Financial Transaction Services industry is 5% year-to-date, indicating that GDOT is performing better than its peers [5] - In contrast, Mitie Group PLC. (MITFY), which is part of the Business - Services industry, has a year-to-date return of 31.8% and is ranked 33 in its industry [4][6] Sector Overview - The Business Services sector consists of 260 individual stocks and holds a Zacks Sector Rank of 1, indicating strong overall performance [2] - The Business Services industry has seen an average increase of 17.6% since the beginning of the year, showcasing positive momentum within the sector [6]