Is JBT Marel Corporation (JBTM) Stock Outpacing Its Business Services Peers This Year?

Company Overview - JBT Marel (JBTM) is a member of the Business Services group, which consists of 259 companies and currently ranks 5 in the Zacks Sector Rank [2] - JBT Marel has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Performance Analysis - JBT Marel has gained approximately 9.4% year-to-date, outperforming the Business Services sector, which has returned an average of -12.3% [4] - In comparison, Mirion Technologies, Inc. (MIR) has seen a significant increase of 42.9% year-to-date, also holding a Zacks Rank of 2 (Buy) [4][5] Industry Context - JBT Marel is part of the Technology Services industry, which includes 124 companies and currently ranks 69 in the Zacks Industry Rank [6] - The Technology Services industry has an average gain of 11.5% year-to-date, indicating that JBT Marel is slightly underperforming its industry [6] Analyst Sentiment - The Zacks Consensus Estimate for JBT Marel's full-year earnings has increased by 7.8% over the past quarter, reflecting improved analyst sentiment and a stronger earnings outlook [3]