Has Limbach (LMB) Outpaced Other Business Services Stocks This Year?

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Limbach (LMB) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Limbach is one of 304 companies in the Business Services group. The Business Services group currently sits at #4 within 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Limbach is currently sporting a Zacks Rank of #1 (Strong Buy).The Zacks Consensus Estimate for LMB's full-year earnings has moved 7% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Our latest available data shows that LMB has returned about 125.7% since the start of the calendar year. Meanwhile, stocks in the Business Services group have gained about 24.8% on average. This means that Limbach is performing better than its sector in terms of year-to-date returns.Another stock in the Business Services sector, Allot Communications (ALLT), has outperformed the sector so far this year. The stock's year-to-date return is 156.4%.For Allot Communications, the consensus EPS estimate for the current year has increased 21.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Limbach belongs to the Building Products - Maintenance Service industry, a group that includes 3 individual companies and currently sits at #31 in the Zacks Industry Rank. On average, this group has gained an average of 19.6% so far this year, meaning that LMB is performing better in terms of year-to-date returns.Allot Communications, however, belongs to the Technology Services industry. Currently, this 162-stock industry is ranked #61. The industry has moved +34.9% so far this year.Going forward, investors interested in Business Services stocks should continue to pay close attention to Limbach and Allot Communications as they could maintain 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 among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.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 Limbach Holdings, Inc. (LMB): Free Stock Analysis Report Allot Ltd. (ALLT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks