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 one of 623 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ADBE is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for ADBE's full-year earnings has moved 0.78% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, ADBE has moved about 57.21% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 12.82%. As we can see, Adobe Systems is performing better than its sector in the calendar year.

Breaking things down more, ADBE is a member of the Computer - Software industry, which includes 50 individual companies and currently sits at #61 in the Zacks Industry Rank. This group has gained an average of 30.14% so far this year, so ADBE is performing better in this area.

ADBE will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.