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Is ManTech International (MANT) Outperforming Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of ManTech International (MANT), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

ManTech International is one of 629 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. MANT is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for MANT's full-year earnings has moved 4.68% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Our latest available data shows that MANT has returned about 44.89% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of 27.21% on a year-to-date basis. This means that ManTech International is outperforming the sector as a whole this year.

Breaking things down more, MANT is a member of the Computer - Services industry, which includes 14 individual companies and currently sits at #29 in the Zacks Industry Rank. On average, this group has gained an average of 25.12% so far this year, meaning that MANT is performing better in terms of year-to-date returns.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to MANT as it looks to continue its solid performance.


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