Are Business Services Stocks Lagging Adecco (AHEXY) This Year?

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Adecco SA (AHEXY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Adecco SA is a member of our Business Services group, which includes 238 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Adecco SA is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for AHEXY's full-year earnings has moved 0.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Our latest available data shows that AHEXY has returned about 0.8% since the start of the calendar year. In comparison, Business Services companies have returned an average of -8.1%. This means that Adecco SA is performing better than its sector in terms of year-to-date returns.Another Business Services stock, which has outperformed the sector so far this year, is Global Payments (GPN). The stock has returned 3% year-to-date.In Global Payments' case, the consensus EPS estimate for the current year increased 0.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Adecco SA belongs to the Outsourcing industry, which includes 5 individual stocks and currently sits at #188 in the Zacks Industry Rank. This group has lost an average of 28.9% so far this year, so AHEXY is performing better in this area. Global Payments, however, belongs to the Financial Transaction Services industry. Currently, this 37-stock industry is ranked #194. The industry has moved -8.7% so far this year.Investors interested in the Business Services sector may want to keep a close eye on Adecco SA and Global Payments as they attempt to continue their solid performance.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adecco SA (AHEXY): Free Stock Analysis Report Global Payments Inc. (GPN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks