Is Cricut (CRCT) Stock Outpacing Its Business Services Peers This Year?

Group 1 - Cricut, Inc. (CRCT) is part of the Business Services group, which consists of 254 companies and ranks 5 in the Zacks Sector Rank [2] - Cricut, Inc. currently holds a Zacks Rank of 2 (Buy), with a 27.3% increase in the consensus estimate for full-year earnings over the past 90 days, indicating positive analyst sentiment [3] - Year-to-date, Cricut, Inc. has returned approximately 3.2%, outperforming the average return of 0% for Business Services companies [4] Group 2 - Cricut, Inc. belongs to the Technology Services industry, which includes 119 companies and ranks 84 in the Zacks Industry Rank, with the industry gaining about 14.9% this year [6] - Another company in the Business Services sector, Digi Power X Inc. (DGXX), has significantly outperformed with a year-to-date return of 59.3% and a 69.3% increase in the consensus EPS estimate over the past three months [4][5] - Investors should monitor both Cricut, Inc. and Digi Power X Inc. for potential continued strong performance in the Business Services sector [7]