Is Stantec (STN) Outperforming Other Business Services Stocks This Year?

Group 1 - Stantec has shown strong year-to-date performance, returning approximately 39.4%, significantly outperforming the average gain of 0.6% in the Business Services sector [4] - The Zacks Consensus Estimate for Stantec's full-year earnings has increased by 3.4% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [4] - Stantec is currently ranked 2 (Buy) in the Zacks Rank system, which highlights stocks with characteristics likely to outperform the market in the near term [3] Group 2 - Stantec belongs to the Consulting Services industry, which has seen an average loss of 14.4% this year, further emphasizing Stantec's strong performance relative to its peers [6] - Coherent, another stock in the Business Services sector, has also outperformed with a year-to-date increase of 13.6% and a Zacks Rank of 1 (Strong Buy) [5] - The Technology Services industry, to which Coherent belongs, has gained 13.1% year-to-date, indicating a relatively better performance compared to the Consulting Services industry [6]