Has Funko (FNKO) Outpaced Other Consumer Discretionary Stocks This Year?

FNKO

Investors focused on the Consumer Discretionary space have likely heard of Funko (FNKO - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.

Funko is a member of the Consumer Discretionary sector. This group includes 248 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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

Over the past 90 days, the Zacks Consensus Estimate for FNKO's full-year earnings has moved 10.71% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that FNKO has returned about 78.02% since the start of the calendar year. At the same time, Consumer Discretionary stocks have gained an average of 19.55%. This shows that Funko is outperforming its peers so far this year.

Looking more specifically, FNKO belongs to the Consumer Products - Discretionary industry, a group that includes 19 individual stocks and currently sits at #94 in the Zacks Industry Rank. This group has lost an average of 3.64% so far this year, so FNKO is performing better in this area.

Investors with an interest in Consumer Discretionary stocks should continue to track FNKO. The stock will be looking to continue its solid performance.

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