Investors focused on the Computer and Technology space have likely heard of Adobe Systems (ADBE Quick QuoteADBE - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Adobe Systems is a member of the Computer and Technology sector. This group includes 630 individual stocks and currently holds a Zacks Sector Rank of #9. 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. ADBE is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for ADBE's full-year earnings has moved 4.86% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, ADBE has gained about 43.65% so far this year. In comparison, Computer and Technology companies have returned an average of 8.96%. This shows that Adobe Systems is outperforming its peers so far this year.

Looking more specifically, ADBE belongs to the Computer - Software industry, a group that includes 51 individual stocks and currently sits at #63 in the Zacks Industry Rank. On average, stocks in this group have gained 17.74% this year, meaning that ADBE is performing better in terms of year-to-date returns.

Investors with an interest in Computer and Technology stocks should continue to track ADBE. The stock will be looking to continue its solid performance.