Is Nuvei (NVEI) Stock Outpacing Its Business Services Peers This Year?

Group 1 - Nuvei Corporation (NVEI) is outperforming its peers in the Business Services sector with a year-to-date performance of 22.7%, compared to the sector average gain of 7.2% [4] - The Zacks Rank for Nuvei Corporation is currently 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for NVEI's full-year earnings has increased by 2.3% over the past 90 days, reflecting improving analyst sentiment [3] Group 2 - Nuvei Corporation is part of the Financial Transaction Services industry, which consists of 39 stocks and is currently ranked 56 in the Zacks Industry Rank [5] - Stocks in the Financial Transaction Services industry have gained approximately 5.8% year-to-date, indicating that NVEI is performing better than its industry peers [5] - Omnicom (OMC), another stock in the Business Services sector, has also shown strong performance with a year-to-date increase of 11.2% [4][6]