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Is APi Group (APG) Outperforming Other Business Services Stocks This Year?
APi APi (US:APG) Zacks Investment Researchยท2024-03-05 15:46

Group 1 - APi (APG) is a notable stock in the Business Services sector, currently outperforming its peers with a year-to-date return of approximately 11% compared to the sector average of 9.8% [1][2] - The Zacks Rank system rates APi as 2 (Buy), indicating positive analyst sentiment and an improving earnings outlook, with a 0.3% increase in the consensus estimate for full-year earnings over the past 90 days [2][3] - The Business Services group consists of 315 companies and is ranked 6 within the Zacks Sector Rank, which includes 16 groups [1] Group 2 - Hackett Group (HCKT) is another stock in the Business Services sector that has performed well, returning 9.8% since the beginning of the year [2] - The Consulting Services industry, which includes Hackett Group, has a Zacks Industry Rank of 166 and has seen an average return of +8.4% this year [3] - The Business - Services industry, which includes APi, has 23 stocks and is ranked 168, with an average loss of 7.3% this year, highlighting APi's superior performance [3]