It is possible to apply the notions of stationary points and the second derivative of a function to functionals.
For $|\varepsilon|\ll1$ and and a differentiable function $h$, we can write, using Taylor series,$$F(x,y+\varepsilon h,y'+\varepsilon h')=F(x,y,y')+\varepsilon\mathcal{I}(\Delta[y,h])+\frac{\varepsilon^2}2\mathcal I(\Delta_2[y,h])+\mathcal O(\varepsilon^3)$$ where $\mathcal I$ denotes the integrand, $\Delta$ the Gâteaux differential and $$\Delta_2[y,h]=\int_a^b\left(F_{y'y'}h'^2+\left(F_{yy}-\frac {dF_{yy'}}{dx}\right)h^2\right)\,dx$$ over the domain $[a,b]$. Analogous to functions, at a stationary point path, the Gâteaux differential is zero. Note that $\Delta_2$ is also analogous to the second derivative.
Therefore, it is sufficient that $\Delta_2>0$ for all non-zero $h$ for a minimum to occur, whereas the necessary condition is weaker with $\Delta_2\ge0$.